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Tesla Stock Jumps 8% on Robotaxi Launch Amid Regulatory Concerns

Tesla Stock Jumps 8% on Robotaxi Launch Amid Regulatory Concerns

Published:
2025-06-24 05:51:02
16
2
BTCCSquare news:

Tesla's stock surged 8.2% on June 23 following the debut of its robotaxi service in Austin, Texas. The launch, limited to invitees within a geofenced area, has drawn regulatory scrutiny after videos showed vehicles violating traffic rules. CEO Elon Musk's autonomous technology faces skepticism as the NHTSA investigates safety concerns.

The company has imposed operational restrictions—avoiding bad weather, complex intersections, and underage passengers—to mitigate risks. Tesla insists its responses to NHTSA queries remain confidential, fueling debates about transparency in autonomous vehicle testing.

|Square

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