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Tesla shares jump as Musk confirms driverless robotaxi testing [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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maker was testing its robotaxis without safety monitors in the ?front passenger seat. While much of Tesla's $1.53 trillion valuation — the highest of any automaker globally — is ?tied to investor optimism around its self-driving technology and humanoid robot ambitions, the bulk of its revenue and profit still comes from selling electric vehicles. Shares of the company rose as much as 4.9%, hitting $481.37, their highest in nearly a ?year. The stock had hit a ?record high of $488.54 on December 18 last year on hopes that the Trump administration would ease regulatory hurdles for self-driving ?cars. Tesla launched a limited robotaxi service in Austin, Texas, in June using modified Model Y vehicles equipped with Full Self-Driving. Early operations were geo-fenced and included a human "safety ?monitor" in the passenger seat. "Testing is underway with no occupants in the ?car," Musk said in an X post on Sunday. Investors and analysts are betting that Tesla will intensify testin
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