Tesla’s Robotaxi Launch in Austin Sparks Investor Interest Amid Regulatory Scrutiny
Tesla's long-awaited Robotaxi service debuted in Austin this week, deploying a fleet of 20 autonomous Model Y vehicles at a flat rate of $4.20 per ride. The launch marks Elon Musk's first commercial step toward realizing his vision of a driverless future, though safety monitors remain present in vehicles—an unconventional approach in the autonomous vehicle sector.
With Tesla stock hovering at $322.16, the market watches closely whether this milestone can offset regulatory concerns around self-driving technology. The service operates in limited South Austin zones for vetted customers, facing operational constraints during inclement weather.