BUSINESS

Carlo Ancelotti’s Brazil are still flawed, but his calm pragmatism may be teaching the five-time World Cup winners how to survive and win ugly.

Tesla (TSLA) is bringing its robotaxi pitch to another major U.S. city.The electric-vehicle maker said Friday its robotaxi service is now available in Miami, another move in Elon Musk’s effort to turn Tesla’s self-driving software into a broader ride-hailing business.The move is important because Tesla is no longer just trying to sell investors on cars.Musk has increasingly pitched Tesla as an artificial intelligence and robotics company, with robotaxis, self-driving software and humanoid robots at the heart of its long-term narrative.Miami gives that story a new test.Tesla’s move comes as Alphabet’s (GOOGL) Waymo and Amazon’s (AMZN) Zoox are also digging deeper into autonomous ride-hailing, turning robotaxis from a futuristic dream into a more crowded commercial race.Tesla shares recently traded at $393.45, giving the company a market value of about $1.39 trillion.Tesla robotaxi rollout pushes Musk’s AI pivot forwardThe Tesla Miami launch matters because it takes the robotaxi story out of a single launch market.Tesla debuted its robotaxi service in Austin, Texas, in June, after previously intending to extend the service to Dallas and Houston, Reuters reported. Musk stated in May that he expected completely self-driving cars that don’t have a human safety monitor to become increasingly common in the U.S. this year.That’s the story Tesla wants Wall Street to focus on.The company’s core electric-vehicle business remains the main driver of revenue, but investor enthusiasm is increasingly tied to whether Tesla can convert the promise of autonomy into a scalable business.A robotaxi network would be different from selling vehicles.It would give Tesla a recurring-services story, a mechanism to commercialize its self-driving software, and a possible answer to investors who want to see the company’s AI development show up in income.That’s why every new city matters.With the Miami rollout, Tesla has a third chance to prove that robotaxis are more than just a tech showcase or a Musk promise. They have to be a reliable, repeatable mode of transportation.Miami gives Tesla a tougher robotaxi raceMiami is not just another dot on the map.It’s a market that businesses in the autonomous-vehicle space are already eyeing.Waymo had previously indicated it planned to launch its ride-hailing service to riders in Miami in 2026. In March, Amazon’s self-driving unit, Zoox, said it would expand its robotaxi service in San Francisco and Las Vegas and start testing its purpose-built robotaxis in Austin and Miami.More Tesla:Tesla stock has a SpaceX problem, veteran analyst saysWhy a fatal crash threatens Tesla’s stockTesla faces lawsuit from family of victim killed in Texas home crashThat puts Tesla in a more competitive position.The robotaxi race is now not simply about demonstrating the technology works. It’s about which one can expand fleets, navigate legislation, create trust with riders, and operate safely in actual city traffic.Key takeaways from Tesla’s Miami robotaxi rolloutTesla said its robotaxi service is now available in Miami.The expansion follows Tesla’s robotaxi launch in Austin.Musk has said fully self-driving cars without human safety monitors could become more widespread in the U.S. later this year.Tesla is trying to shift investor focus from electric vehicles to AI, robotics and autonomy.Waymo and Zoox are also expanding their robotaxi efforts.Miami could test whether Tesla can scale robotaxis beyond early launch markets.Tesla’s record second-quarter deliveries give the company a stronger backdrop for the autonomy push.For Tesla, the competitive pressure cuts both ways.Big tech firms are pouring billions into trying to make autonomous ride-hailing work.But their presence also lifts the bar.Tesla will have to prove it can compete not just with traditional carmakers but also with companies developed around autonomous fleets, mapping, ride-hailing operations and safety validation.Tesla deliveries give the robotaxi story more roomTesla’s robotaxi push is well timed for the company’s main revenue drivers.Tesla said July 2 it produced more than 450,000 vehicles, delivered more than 480,000 vehicles, and deployed 13.5 gigawatt-hours of energy storage solutions in the second quarter.Tesla’s deliveries in the second quarter topped Wall Street projections and were bolstered by a pickup in Europe, Reuters reported.That is important because a better delivery quarter allows investors more time to think about the next narrative.If Tesla’s vehicle business is stabilizing, Wall Street may be more inclined to give Musk credit for robotaxis, self-driving software and robotics.But the pressure does not disappear with the delivery.Tesla still has to prove that robotaxis can be more than a headline catalyst. Investors will want to see usage, geography, safety performance, pricing, and how much revenue the service can eventually earn.

The Tesla story Wall Street cares about most faces a new challengeILIA YEFIMOVICH / Getty Images

The Miami launch keeps Tesla in the lead on the autonomy story.It shows the corporation is pushing outside Austin and seeking to make robotaxis a bigger network.But Miami also makes plain the difficulties.Tesla is entering a market where competitors are already entrenched or preparing to expand. That means the corporation has to do more than be ambitious. It must show execution.But the robotaxi story still has a lot of punch for investors.A working ride-hailing network might provide Tesla with a new business line and back up Musk’s thesis that Tesla should be valued as an AI and robotics platform rather than simply a manufacturer.But the biggest test is still size.Tesla can deploy new robotaxi marketplaces. The more difficult aspect is to prove that those markets can become safe, reliable and profitable enough to change the financial story of the organization.Related: Tesla stock has a SpaceX problem, veteran analyst says

Latest AI mystery is that there are 11 specific nouns used frequently by LLMs when creating short stories. Why those words? An AI insider analysis and scoop.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealGrilling is one of America’s favorite pastimes, offering an easy option for game nights, holidays, weeknight dinners, or just an excuse to spend some time outside in the sun. It allows friends and family to bond over home-cooked meals and offers flexible meal options, from burgers and hot dogs to veggie kebabs and grilled watermelon. If you love to grill, but find that rainy weather or limited outdoor space often gets in the way, we’ve found something you’ll love.  The Suslas Smokeless Electric Indoor Grill offers easy grilling and griddling with less of a mess. The electric feature prevents smoke that’s normally associated with a charcoal grill that uses fire as the heat source, while also offering multiple ways to cook for just $50. Shoppers save 41% on this 2-in-1 grill.Suslas Smokeless Electric Indoor Grill, $50 (was $85) at Walmart

Courtesy of Walmart

Shop at WalmartWhy do shoppers love it?This appliance offers a great opportunity to enjoy the summer without the hassle. This electric griddle can be used indoors or outdoors. It offers a grate for grilling, a non-stick griddle for high-heat searing, frying, or toasting, and three under-griddle pans that can roast, allowing you to cook vegetables, burgers, potatoes, seafood, eggs, pancakes, bacon, and more. The grill measures 3.6 inches tall, 18.1 inches wide, and 9 inches deep, offering a good amount of space for a family-sized meal without being unmanageable. It’s great for apartments with no balcony and grill bosses during the off-season. It also offers a portable solution for traveling and camping, and provides a useful option for hotels and Airbnbs.Related: Charcoal grills are rapidly rising in popularity — here’s whySomething that may become one of your favorite features is how easy it is to clean. Reviewers have mentioned that it’s super easy to take apart and wash in the sink or set in the dishwasher, as it’s dishwasher safe. The 1500-watt system heats up quickly, and the temperature control helps to maintain precise heat settings throughout the meal, making it easy to accommodate different cooking needs. The pros and cons of this dealProsYou can grill inside: Whether it’s raining or you don’t have an outdoor space to cook, this allows you to cook burgers, kebabs, and more indoors without fire smoke. Different cooking options: Grill on the grate and griddle on the plate or on the three lower pans.Built-in temperature control: The temperature control lets you melt cheese on low and grill on high. Cons Size: This grill-and-griddle combo isn’t suited for huge parties, but it works fine for families and small gatherings. Does not include recipes: This set does not include a recipe book, so you’ll have to find your own favorite recipes to start with.One shopper said, “This is one of the best-designed tabletop grills I’ve used. Everything is separate from the electrical unit, so cleanup is a breeze—nothing gets stuck where it shouldn’t.””The barbecue stand is really good,” another reviewer said. “It is convenient and quick to start using. The dishwasher cleaning also helps to keep things less messy and makes it more durable. All the parts are easily removed. The temp setting is good. The non-stick plate is also very good.”Shop more dealsNinja Sizzle 6-Serving Indoor Griddle, $109 at WalmartChefman 6-Serving Griddle, $49 at WalmartWhether you’re looking for a cleaner way to grill or want something for the rainy and snowy seasons, the Suslas Smokeless Electric Indoor Grill is a great choice. It offers multiple cooking options that can help make a delicious family dinner quickly and easily, without dirtying tons of pots and pans. Shoppers can save 41% on this 2-in-1 grill, paying just $50 at Walmart.

AI may create more efficient managers, but leadership grows through experience, curiosity, and judgment. Companies that overlook that risk could weaken future leadership.

We look at the early fight week betting odds for UFC 329, which is headlined by Conor McGregor vs. Max Holloway 2.

Barstool Sports founder Dave Portnoy said he will hold bitcoin all the way down to zero after buying near $100,000.

A proposed StormWall spacecraft fleet could release gas to weaken solar storms, protecting satellites, power grids and technology, but potentially reducing auroras.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealWhile some folks love the heat, some of us will do just about anything to keep cool. Fortunately, you don’t need an array of fans or central air to stay comfortable through the summer. Right now, you can take advantage of this Walmart deal on the normally priced $367 Kissair Portable Air Conditioner, which you can snag on sale for just $180 for a limited time. One reviewer called it “the best purchase I’ve made” while another said it “cools wonderfully.”Kissair Portable Air Conditioner, $180 (was $367) at Walmart

The Kissair Portable Air Conditioner.Courtesy of Walmart

Shop at WalmartDetails to knowWith 8,000 British thermal units (BTU) of high-efficiency cooling power, this portable AC unit can cool a 350-square-foot room down in minutes. It offers cooling, dehumidifying, and fan modes, with a temperature range of 62 to 86 degrees Fahrenheit. You can adjust settings in advance with a programmable 24-hour timer, set it on demand with a convenient remote control, or quiet it down at nighttime with sleep mode.It’s just 27.2 inches tall and comes with everything you need for fast, easy installation. The package includes a user manual, an air-exhaust duct, two batteries, a duct connector, a window-exhaust kit, a baffle plate, the remote control, a drain hose, and a wing-nut set. The assembled air conditioner weighs 39.8 pounds.Related: Walmart’s $468 bestselling window air conditioner is 55% offWhy do shoppers love it?”This is a great air conditioner for a small space,” said one satisfied shopper. “It works great to cool down my bedroom. It’s also easy to install and includes everything you need to get it in and running. I really like that it has a fan setting, too, so you can turn that on even if you don’t need the air conditioning going.”If you’re looking to stay cool this summer without breaking the bank, save $187 on a new Kissair Portable Air Conditioner with this Walmart deal. 

Abdullah Mason had some tense moments, but the young star pulled out the TKO win with an impressive performance.