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Tesla (TSLA) Beats Uber and Google with Approval for a Larger Robotaxi Fleet in Nevada

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Aug 24, 2026 at 07:54 PM
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Shares in EV giant Tesla (TSLA) dropped by more than 3% to around $351 per share on Monday afternoon. This came despite Nevada's transportation authority granting the company approval to operate a fleet of up to 5,000 robotaxis. This compares to permits for a fleet of up to 1,000 robotaxis each for Google's (GOOGL) Waymo and Aviari, a subsidiary of Uber (UBER). Summer Sale - Claim 70% Off TipRanksTSLQ: built for a short position on TSLA

Shares in EV giant Tesla (TSLA) dropped by more than 3% to around $351 per share on Monday afternoon. This came despite Nevada's transportation authority granting the company approval to operate a fleet of up to 5,000 robotaxis. This compares to permits for a fleet of up to 1,000 robotaxis each for Google's (GOOGL) Waymo and Aviari, a subsidiary of Uber (UBER).

Summer Sale - Claim 70% Off TipRanks

TSLQ: built for a short position on TSLA

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