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Tesla's Stock Drives Up to a Record High, After a Year-Long Wait [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
investors buy into the electric vehicle maker's plans for autonomous driving, robotics, and AI. Tesla launched a pilot of its robotaxi program in Austin earlier this year, and analysts say improvements to its self-driving software could allow the program to expand quickly. Tesla's ( TSLA ) stock is powering up, notching its first record high in a year. The shares added about 3% Tuesday to finish near $490, their highest level since last December's close at $479.86. The electric vehicle maker's stock has been on a strong upward run in recent months, more than doubling from their lows in March as enthusiasm for CEO Elon Musk's renewed commitment to the company and plans for autonomous driving, robotics, and AI have driven a comeback. Over the weekend, Musk posted on social media that Tesla is testing fully autonomous robotaxis, which could be a sign that safety monitors are on their way out. Tesla launched a pilot program of its self-driving robotaxis in Austin, Texas earlier
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