Elon Musk had more bold projections for Tesla's robotaxi. But investors didn't get much insight on the Austin launch during Wednesday's earnings call.

Elon Musk, whose car company has lost $385 billion this year, told Tesla car owners they will be allowed to add their vehicles to the company’s robotaxi network sometime next year.

Tesla's robotaxi ambitions in California face regulatory hurdles as the CPUC clarifies that autonomous vehicle testing and public transportation are prohibited without a human driver. While Tesla holds a permit for a private car service with drivers,

Tesla doesn't have the permits to run an autonomous vehicle taxi in California, but probably nothing stops a driver-assist based taxi.

The 54-year-old billionaire shared a post that read, “I’d say confidently next year,” Musk, the CEO of Tesla, said on the call. “I’m not sure when next year, but confidently next year."

The world’s richest man continues to hype Tesla’s driver assistance features, just as he has for the past decade

Tesla reported double-digit declines in second-quarter revenue and profit as CEO Elon Musk doubled down on autonomous vehicle ambitions while facing California regulatory challenges that could disrupt expansion plans.