Tesla (TSLA) Beats Uber and Google with Approval for a Larger Robotaxi Fleet in Nevada
Tip Ranks·- Tesla secured approval from Nevada's transportation authority to operate a fleet of up to 5,000 robotaxis. - This capacity surpasses the 1,000-vehicle permit limits granted to competitors like Google's Waymo and Uber's subsidiary Aviari. - Despite this regulatory milestone, Tesla shares dropped by over 3 % to approximately $ 351 on Monday afternoon.Tesla stock's jumps as the company gets ready for a robotaxi push
MarketWatch·- Tesla plans to launch its Cybercab in Austin, Texas, and received regulatory approval alongside Uber and Waymo to deploy thousands of robotaxis in Clark County, Nevada. - The Nevada Transportation Authority approved Tesla to deploy 5,000 self-driving vehicles, while Waymo and Uber can each deploy 1,000. - Following these developments, Tesla's stock rose 5% in midday trading on Friday.Uber Stock Options Trade Offers Exposure Without The Ownership Price Tag
Investors Business Daily·