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via Imago

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via Imago

March 2025 was a dismal ride for Elon Musk. A bold statement, right? Well, it’s true! According to CNBC, Tesla stock plunged 36% in the first quarter of 2025, marking its worst three-month performance since late 2022, and the third-sharpest drop in the company’s 15 years as a publicly traded company. The last time Tesla faced a steeper decline was Q4 of 2022, when shares plummeted 54%. That downturn coincided with Musk’s sale of more than $22 billion worth of Tesla stock to fund his $44 billion acquisition of Twitter, which has since been rebranded as X.

When it came to actual sales, the company reported that it delivered 336,681 cars in the quarter. This was 50,000 less compared to the first three months of last year. Moreover, the results were the company’s worst sales in nearly three years. And according to Yahoo Finance, the Elon Musk-owned car company has lost around $800 billion in market valuation over this time, an over 50% decrease from where it was in December of last year. You will remember President Donald Trump putting on a very public show of buying a Tesla car in the White House. That was seen by many as a virtual and unprecedented infomercial by the POTUS for the company.

And it seems the tech billionaire’s second most famous friend has followed in the President’s footsteps as Joe Rogan gave essentially a long infomercial for Tesla on episode #2306 of the JRE podcast with comedian Deric Poston, as the car company gets ready to launch its fleet of self-driving Robotaxis.

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“My car just drives itself, dog just drives itself. If you have a Tesla and if I put in my address I go, I press these buttons and it just goes ‘doot doot’, takes off, it stops at red lights, it changes lanes. It like slows down when the traffic slows down speeds up when the traffic speeds. You could totally check out, I don’t do it, I keep my hand near it. I’m still freaked out… It’s also, it just feels weird…You got the video?” Rogan asked.

Rogan’s producer, Young Jaime, then pulled up a video Rogan had made in the Tesla that he owns, as the UFC commentator explained to Poston exactly what made Tesla’s self-driving cars so special, and is the reason they can have a fleet of driverless cars that will work as taxis.

“See, look, it sees all those cars– that screen, it’s a representation of all the cars. It knows where all the cars are. Look, it’s changing lanes, it hits the blinker, and changes lanes to get around these trucks. Wild. How wild is that? It shows you on the screen, on the front, where your dashboard is. It shows you all the cars around you, all of them. And it keeps track of them, it knows how fast they’re going… You can just kind of check out. You just, like, hold your hand like this, think about your life, and have the robot drive you around,” he added.

Well, if Rogan is impressed with that, he will be really impressed with what Tesla has in store for its customers in the coming months, after the upcoming launch of its Robotaxi fleet. Let’s see what Elon Musk plans to do!

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Elon Musk to launch comprehensive FSD features shortly after Robotaxi launch

Tesla is taking the next logical step and plans on launching its first fleet of self-driving Robotaxis in California this June. At the moment, the company’s Full Self-Driving (FSD) features still require the supervision of a human being. But for its Robotaxis, Tesla will have to upgrade its FSD capabilities to make it truly self-driving without the need for any human presence in the car at all!

And while it may have been a pioneer in the self-driving market, Tesla is not the first to launch a fleet of truly self-driving Robotaxis. Waymo, owned by Google’s parent company, Alphabet, has already beaten the Elon Musk-owned company to the punch and already has a fleet of completely driverless cars in California.

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At the moment, Tesla will use two of its existing models. The Model Y and the Model 3 would be equipped with their new and comprehensive FSD technology, which is not available to other Tesla owners like Rogan at the moment. Given its recent disastrous run in the stock market, Tesla desperately needs some good headlines to shore up its stock prices.

And a new fleet of Robotaxis may just do the trick. Will it help recover the nearly $800 billion of value the company’s stocks have lost? Probably not, but every little drop counts. What do you think about Joe Rogan heaping praise on Tesla cars?

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