On Sunday, Tesla officially launched its Robotaxi project in Austin, leading to over an 8% increase in yesterday's session. Today, Tesla continues to gain in pre-market trading, rising by approximately 2%. Initial reports on the autonomous taxis' operations, however, leave a mixed impression.
Tesla continues yesterday's gains in pre-market trading. Source: xStation
According to reports, Tesla's taxis violated some traffic rules, including recordings showing cars driving against traffic and exceeding speed limits. The National Highway Traffic Safety Administration (NHTSA) announced it would closely monitor the situation and remain in contact with Tesla to clarify the events.
Despite this, investors remain positive about the technology, and the absence of significant problems (such as accidents or system failures) keeps the market optimistic about the company's future.
US OPEN: Rebound on Wall Street despite higher Supercore inflation and a jump in yields
Oracle earnings: Good, but it could have been better.
Adobe Delivers Strong Results, but Falls Short of Expectations. The Market Fears the Impact of AI
Daily Summary: Indices Pull Back Under Pressure from Oil Prices