Tesla is considering expanding its robotaxi service to San Francisco this weekend. The stock rose 3.5% after a recent drop due to disappointing sales data and earnings report. Cathie Wood’s ARK Invest ETFs bought over 140,000 shares of Tesla, totaling $44 million. The company’s profits declined for a second consecutive quarter.
Read more at Yahoo Finance: Tesla Could Roll Out Robotaxis in San Francisco Soon. Its Stock Is Rising.