Tesla CEO Elon Musk has appeared to confirm a report that the company's much-ballyhooed event to unveil a robotaxi will be delayed beyond its scheduled Aug 8 date.
Musk didn't give a new date for the event, but in a posting on X on Monday, the social media site he owns, he wrote that he requested a design change to the front of the vehicle.
"The extra time allows us to show off a few other things, he wrote.
A message was left Monday seeking comment from Tesla.
Bloomberg News reported on Thursday that the robotaxi event would be delayed until October due to changes sought by Musk. That sent Tesla shares down 8% for the day. But they have since rallied and were up nearly 3% in Monday afternoon trading.
Tesla shares had been down more than 40% earlier in the year, but are up more than 80% since hitting a 52-week low in April.
For many years Musk has said Tesla's Full Self Driving system will allow a fleet of robotaxis to generate income for the company and Tesla owners, making use o
