Two Tesla Inc (NASDAQ:TSLA) board of directors members have sold nearly $200 million in stock ahead of the company's highly anticipated robotaxi launch in Texas. These sales add to a history of board members cashing out and could be a red flag ahead

Tesla has been testing driverless Model Y cars in Austin, Texas and aims to deliver the first unit in June, CEO Elon Musk said on Thursday, amid buzz of an imminent robotaxi launch.

Tesla is rumored to start its Robotaxi service in Austin on June 12, and Elon Musk confirmed driverless tests but no timeline commitment

Elon Musk went on a media blitz to share plans on new robotics benchmarks and reiterate his commitment to his companies.

Tesla will begin deploying a small fleet of robotaxis in Austin, Texas, as part of a pilot program intended to evaluate its new Unsupervised Full-Self Driving system.

Not only could EVs be the future of the automobile sector, but many of these companies are also working on greater technological innovations such as full self-driving (FSD). Tesla (NASDAQ: TSLA), led by CEO Elon Musk,