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profitable EV businessThe Motley Fool
•Technology
Technology
74% Informative
Tesla 's launch of its full-self-driving ( FSD ) robotaxi is sometimes seen as a tactical move as its electric vehicle sales and market share come under pressure in 2025 .
Major automakers, including Ford , and leading technology companies have invested billions in robotaxis and autonomous driving.
Ford is a long way from having a profitable EV business.
Tesla generated $7.1 billion in operating profit in 2024 .
There is no guarantee that Tesla 's robotaxi or FSD will be successful, and investors need to closely monitor events.
Musk has a history of being overly optimistic on such matters.
The major automakers have been and are still pursuing the idea of lower-cost EVs and robotaxis.
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