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Elon Musk Rolls Out Robotaxi Fleet in Austin. Will Tesla's Stock Gains Stick?

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Tesla's (NASDAQ: TSLA) stock closed at a record high of $479.86 on Dec. 17, 2024, up 1,800% over its previous five years. At the time, investors were impressed by its robust sales in China, its progress in the autonomous driving and robotaxi markets, and expectations for fewer re

Elon Musk Rolls Out Robotaxi Fleet in Austin. Will Tesla's Stock Gains Stick? @themotleyfool #stocks $TSLA

Elon Musk and Tesla (NASDAQ: TSLA) rolled out their long-awaited Robotaxi autonomous ride-hailing service recently in Austin, Texas. The company has launched with a small fleet that operates within a limited area, with the hope of expanding rapidly, marking a significant milestone as Tesla seeks to gain ground on Alphabet's Waymo. Tesla stock is up approximately 42% from lows hit in early April. Shares had momentum throughout much of June, but h…

Industry Voices | Rise of the Robotaxis: A New Era in Mobility

As the industry transitions from demonstrations to scaled deployment of robotaxis, two challenges now define the path forward: durability and cost-efficiency.

Elon Musk's Robotaxi Has A Serious Problem

The launch of Tesla’s robotaxi in Austin, Texas, in late June marks the first major step toward Elon Musk’s ambitious vision of a fleet of robotaxis, which was first proposed almost ten years ago. Although it has drawbacks, this milestone represents the company’s plans for a future in which all Tesla vehicles may be converted […] The post Elon Musk’s Robotaxi Has A Serious Problem appeared first on Wonderful Engineering.