From Yahoo Finance: 2025-06-03 12:14:00

Shares in Tesla (NASDAQ: TSLA) surged by 22.8% in May, driven by market momentum and optimism around the company’s robotaxi service launch in Austin in June. The de-escalation of the U.S.-China trade tariff dispute also boosted Tesla’s stock performance. CEO Elon Musk sees lower tariffs as positive for prosperity.

The robotaxi concept is crucial for Tesla’s future and valuation, offering opportunities for ride-per-mile revenue share and subscription revenue from Full Self-Driving software. A successful launch in Austin could bring Tesla closer to its vision of generating recurring revenues from mobility-as-a-service offerings.

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Overall, Tesla’s stock soared in May due to a combination of market trends, trade developments, and anticipation surrounding the robotaxi service launch. The company’s innovative approach to electric vehicles and mobility services could drive significant value for investors in the future.



Read more at Yahoo Finance: Here’s Why Tesla Stock Soared in May