Tesla's Robotaxi Service Launch in Austin, Texas
Tesla's stock rose as the company announced the upcoming launch of its robotaxi service in Austin, Texas on June 22. The service aims to revolutionize transportation with self-driving taxis. CEO Elon Musk emphasized safety measures and gradual rollout. Investors are optimistic about the potential of this service, leading to a positive market response. The stock had previously faced challenges but rebounded after the announcement, showing a significant increase in share value.