Tesla shares fell about 6% on Thursday after Bloomberg reported that the electrical automobile maker is delaying the disclosing of its Robotaxi by two months.

After previously announcing that it will introduce its robotaxi on Aug. 8, Tesla has pushed the launch again to October to present groups engaged on the venture extra time to construct prototypes, based on Bloomberg, which cited folks conversant in the choice.

Tesla did not instantly reply to CNBC’s request for remark.

Tesla’s inventory hunch on Thursday adopted an 11-day rally that was sparked by a better-than-expected deliveries report for the second quarter. That bounce wiped out the inventory’s loss for the yr. Nonetheless, the shares at the moment are again in destructive territory for 2024, a yr that is been marred by sweeping layoffs and a drop in gross sales due partially to an getting old lineup of EVs and elevated competitors in China.

Tesla CEO Elon Musk has promised shareholders a robotaxi for years. In 2015, he stated that Tesla’s vehicles would obtain “full autonomy” inside three years. In 2016, Musk stated Tesla would capable of ship one among its vehicles on a cross-country drive with out requiring any human intervention by the tip of the next yr.

The empty guarantees continued into 2019, when Musk stated on a call with institutional investors that Tesla would have 1 million robotaxi-ready autos on the street in 2020. Nonetheless, the corporate has yet to deliver a robotaxi, autonomous automobile or expertise that may flip its vehicles into “stage 3” automated autos. In the meantime, firms like Alphabet’s Waymo and Cruise, owned by General Motors, have leaped forward of Tesla.

Following a dreary first-quarter earnings report in April, Musk reiterated his vision of Tesla as an organization devoted to growing robotaxis that can generate income for his or her homeowners and a driverless transportation community.

“If someone would not consider Tesla’s going to unravel autonomy, I believe they shouldn’t be an investor within the firm,” Musk stated on the earnings name. The corporate is scheduled to report second-quarter outcomes later this month.

At Tesla, “unveil” dates don’t predict a near-future date for a industrial launch of a brand new product. For instance, Tesla unveiled its totally electrical heavy-duty truck, the Semi, in 2017 and did not start deliveries till December 2022.

— CNBC’s Lora Kolodny contributed to this report.

WATCH: The bulls firmly have control of Tesla right now