Tesla stock pops 8% as Musk touts 'successful' robotaxi Austin launch
Publishing timestamp: 2025-06-23 13:54:54
Summary
Tesla launched autonomous robotaxis in Austin, Texas, charging a flat fee of $4.20. The move puts them in competition with Waymo. Despite some positive feedback, there have been reports of Tesla robotaxis violating traffic rules. Musk aims to have hundreds of thousands of self-driving cars in the U.S. by next year. Tesla is trying to catch up to Waymo and Chinese competitors in the autonomous vehicle space.
Sentiment: MIXED
Keywords: breaking news: business, technology, climate, autos, tesla inc, alphabet inc, business news, breaking news: technology, transportation, elon musk,
Source: https://www.cnbc.com/2025/06/23/tesla-stock-robotaxi-austin.html