As Tesla is poised to have robotaxis on Austin streets by the end of June, the city of Austin said on Thursday it is working in collaboration with the company.

The EV maker will roll out about 10 self-driving cars next month and scale up to about a thousand, Musk told CNBC in an interview.

Tesla's upcoming robotaxi program in Austin could be a major paradigm shift, potentially igniting growth in the coming years. See why TSLA stock is a Hold.