Soon, when Austinites pull up to a light between a Waymo and Tesla they might be the only person in a car. That's because Tesla CEO Elon Musk announced plans to bring a paid ride-hailing service, powered by Tesla’s recently announced robotaxis,

Elon Musk said Austin residents will be able to pay for a fully autonomous Tesla robotaxi ride in June, with an expansion to more US cities planned.

In another move to bolster investor confidence, Musk also revealed that Tesla is intent on producing more "affordable" vehicles, which are tipped to be based on (and look eerily similar to) the Model 3 and Model Y, but cost in the region of $30,000 to $40,000 (roughly £28,000 / AU$55,000). Not the $25,000 car that was rumored last year.