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Tesla Stock (TSLA) Gains Ahead of Long-Awaited Robotaxi Launch

Tesla Stock (TSLA) Gains Ahead of Long-Awaited Robotaxi Launch

Published:
2025-06-20 15:49:02
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Tesla shares are rallying as anticipation builds for the company's robotaxi debut, with CEO Elon Musk promising a groundbreaking reveal next week. The launch, set for June 22 in Austin, Texas, marks a pivotal shift in Tesla's strategy from electric vehicles to AI-driven mobility solutions.

Despite enthusiasm from investors, Texas lawmakers are pushing for a delay, citing safety concerns. The limited rollout will use a small fleet of Model Y cars with human teleoperators on standby, targeting select areas initially. Wedbush analyst Dan Ives notes that special invites have already been distributed to chosen Tesla users for the service.

|Square

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