The company’s C.E.O. said the new autonomous vehicle, which does not have a steering wheel, would cost less than $30,000, but the technology still faces hurdles.
Elon Musk has said that the vehicle will add trillions to Tesla’s stock market value and that those who don’t believe him should sell their shares.
The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.
The General Motors subsidiary reached a settlement with the main auto safety regulator after one of its self-driving taxis struck a pedestrian in San Francisco last year.
An immersive article shows readers what a New York Times reporter has tracked for nearly a decade: Robot taxis still need human help.
WeRide, a $5 billion software maker, is set for an I.P.O. amid geopolitical risks and a rush by Chinese automotive tech firms to raise money in the United States.
Tesla says self-driving taxis will power its growth, but the company hasn’t said when such a service would be ready or how much it would increase profits.
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
General Motors said the self-driving division’s cars will operate in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.
The Tesla chief executive’s polarizing statements have alienated some potential customers and may be partly responsible for a recent slump in sales.