Tesla (TSLA) to launch robotaxi service in Austin on June 12, scaling up if successful.

From Yahoo Finance: 2025-05-28 19:38:00

Tesla, Inc. (NASDAQ:TSLA) plans to launch its robotaxi service in Austin on June 12, as reported by Bloomberg News. CEO Elon Musk mentioned the company is on schedule for the launch. The trial will start with 10 self-driving cars in safer areas and could scale up to a thousand if successful.

A successful robotaxi trial is crucial for Tesla, Inc. (NASDAQ:TSLA), which has been promising autonomous driving since 2016. TSLA shares rose by 4% after Musk reaffirmed his commitment to the company. However, some investors believe other AI stocks offer better returns with less risk.

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Read more at Yahoo Finance: Tesla, Inc. (TSLA) Set to Launch Robotaxi Service in Austin on June 12: Bloomberg News