Options Market Statistics: Tesla Stock Climbs After Receiving Ride-Hailing Permit
$Tesla Motors(TSLA)$
Chief Executive Elon Musk's company received the green light on Tuesday from the California Public Utilities Commission for a transportation charter-party carrier permit. That gives Tesla the ability to transport employees in company-owned vehicles before potentially later transporting members of the public.
While technically a step toward the Tesla robotaxi, the permit is related to taxis, not fully autonomous vehicles. Musk has said that unsupervised full self-driving, or FSD, will come as a paid service to Austin, Texas, in June. Musk has also claimed there will be robotaxi tests in many U.S. cities by year end.
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- JimmyHua·03-20Impressive insights and a great analysis!LikeReport
- dimzy5·03-20Interesting developmentLikeReport
- VivianChua·03-21Nice 💚💚💚LikeReport