Tesla receives permit for robotaxi service in California, Lyft plans driverless ride-hailing service

From Nasdaq.: 2025-03-31 11:03:00

In recent news, Tesla received a permit from California to operate its robotaxi service, marking a significant step towards autonomous ride-hailing in the state. Meanwhile, Lyft plans to launch its driverless ride-hailing service this summer, positioning itself against Uber in the robotaxi battle. Lyft’s market share lags behind Uber, raising questions about its competitiveness in the autonomous vehicle market. 1. The United Nations reports that global food prices have reached their highest level in a decade, with a 2.1% increase in May alone. Factors contributing to this rise include the ongoing pandemic, weather-related disruptions, and higher fuel prices.

2. In India, the monsoon season has arrived, bringing much-needed relief to farmers after a delayed start. The Indian Meteorological Department predicts a normal monsoon this year, which is crucial for agriculture in the country.

3. The US economy added 559,000 jobs in May, exceeding expectations and showing signs of recovery from the pandemic-induced downturn. The unemployment rate also decreased to 5.8%, down from 6.1% in April.

4. The European Union has approved the use of the Pfizer-BioNTech Covid-19 vaccine for children aged 12 to 15. This decision comes as countries across Europe work to vaccinate their populations and bring an end to the pandemic.



Read more at Nasdaq.:: Robotaxi News: What Tesla and Lyft Headlines Mean for Shares