Tesla CEO Elon Musk told investors last year that the company was aiming for a 2025 launch of its self-driving service in California and Texas. The company appears to be on track to hit that target. Musk said during Tesla's fourth-quarter earnings call on Wednesday that the automaker is on pace to launch its self-driving service as early as June 2025,

Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025 and would start testing a paid autonomous car service in June, enthusing investors and overshadowing quarterly results that fell short of Wall Street expectations on Wednesday.