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BTCC / BTCC Square / Global Cryptocurrency /
Tesla Stock Surges 7% on Nevada Robotaxi Approval and Musk Incentive Package

Tesla Stock Surges 7% on Nevada Robotaxi Approval and Musk Incentive Package

Author:
Global Cryptocurrency
Published:
2025-09-12 23:03:02
12
3
BTCCSquare news:

Tesla shares rallied 7% after Nevada regulators approved public road testing for its autonomous vehicles, marking another step toward its robotaxi ambitions. The approval follows Tesla's existing driverless operations in Austin, reinforcing investor confidence in the company's autonomous driving roadmap.

Separately, Tesla's board proposed a landmark incentive package for Elon Musk, tying 423 million new shares to audacious milestones—including an $8.5 trillion market cap and deployment of 1 million robotaxis and Optimus robots. Wedbush analyst Daniel Ives framed the proposal as a 'bet-the-company' gambit to lock in Musk's leadership through 2030.

|Square

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