Tesla’s robotaxi push faces safety flaws, legal risks, and issues in Austin, casting doubt on its autonomy vision. Learn why TSLA stock is a sell.

San Francisco is likely to prove a more challenging area for Tesla’s self-driving systems. The city is significantly more densely populated and has more challenging roads, largely due to its extreme topography and steep streets.

In Austin, Tesla currently operates its robotaxi service using modified Model Y vehicles, charging riders a flat $4.20 per trip. The service is available to a small group of pre-selected passengers and operates only in clear weather conditions.

Despite these issues, Tesla investors appear to be convinced that the company will experience a surge in sales trends at some point. This is evident by the wild premium the stock commands. Shares trade at a price-to-earnings ratio of 169 as of this writing. A valuation like this bakes in huge sales and earnings growth for years to come.

CNBC went to Austin, Texas, to check out the supervised, invitation-only launch of no more than 20 of Tesla‘s robotaxis. CEO Elon Musk once promised Tesla would be able to drive themselves and owners would be able to rent out their vehicles for rideshare.

Very simply Musk diving deeper into politics and now trying to take on the Beltway establishment is exactly the opposite direction that Tesla investors/shareholders want him to take during this crucial period for the Tesla story,

The companies, which are behind the two largest economic development projects in the region's history, have been discussing for months a deal that would provide Samsung chips built in Taylor, several sources told the Austin Business Journal.