Tesla stock has declined around 7% in July, but Elon Musk on Wednesday said the robotaxi service is expanding.

Tesla's annual shareholder meeting is scheduled for November 6, amid pressure from investors and regulatory concerns.

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Tesla faces declining sales, intense competition, and overhyped ventures while leadership concerns grow and FSD lags peers.

Tesla Inc. is aiming its driverless taxis for the San Francisco Bay area as the carmaker plots an expansion on the heels of ...