Tesla Shares Jump More Than 8 Percent After Robotaxi Launch

Tesla officially launched the Robotaxi platform to a limited group of people in Austin, Texas, on June 22.
Tesla Shares Jump More Than 8 Percent After Robotaxi Launch
A Tesla robotaxi drives on the street along South Congress Avenue in Austin, Texas, on June 22, 2025. Joel Angel Juarez/Reuters
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Tesla shares closed up by more than 8 percent on June 23 after the electric vehicle pioneer launched its highly anticipated driverless taxi service for a select group of riders.

According to the company’s X feed and website, Tesla officially launched the Robotaxi platform to a limited group of people in Austin, Texas, on June 22. Over the past 24 hours, the company’s feed on X has showcased several taxi passengers and influencers sharing videos of their first rides in the self-driving Tesla taxi service.

Wesley Brown
Wesley Brown
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Wesley Brown is a long-time business and public policy reporter based in Arkansas. He has written for many print and digital publications across the country.