Tesla's robotaxi service debuts in Austin, Texas, causing TSLA shares to surge over 6%.

From Nasdaq: 2025-06-23 11:43:00

Tesla’s highly anticipated robotaxi service has finally debuted in Austin, Texas, causing TSLA shares to surge over 6%. Elon Musk’s measured approach includes an invite-only launch with a safety rider to ensure a smooth rollout. The service uses modified Model Y vehicles and charges a low fee of $4.20.

Despite skepticism and controversies, Tesla’s robotaxi service marks a pivotal moment for the company. The invite-only launch includes social media personalities and investors, using modified Model Y vehicles instead of the Cybercab concept. With competition from Alphabet’s Waymo, investors are eager to see the public response.

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Read more at Nasdaq: Tesla’s Robotaxi Debuts in Pivotal Moment, Shares Spike