Elon Musk Promised "Over a Million Robotaxis" by 2020. None Materialized, and a Dedicated Robotaxi Fleet Isn't Expected Until at Least 2027. Here's What That Track Record Means for Tesla's Valuation.

Key Points Elon Musk made big promises about Tesla's robotaxi business that still aren't even close six years later. He's now making big promises about its robotics business, but the potential is even more uncertain. Tesla's valuation is based on high expectations for both. These 10 stocks could mint the next wave of millionaires › "If you fast forward a year, maybe a year and three months, but next year for sure, we'll have over a million robotaxis on the road." You'd be forgiven if you thought that quote from Tesla (NASDAQ: TSLA) CEO Elon Musk came during the company's Cybercab event earlier this month or a recent investor event. In fact, Musk shared that prediction at Tesla's Autonomy Day back in April 2019. Missed AI’s "Act 1"?