Tesla (TSLA) Soars 8.23% on Successful Robotaxi Launch

Tesla, Inc. (NASDAQ:TSLA) is one of the 10 Stocks That Stole Today’s Spotlight.

Tesla rallied for a third straight day on Monday, jumping 8.23 percent to close at $348.68 apiece after its Model Y robotaxis officially hit the road during the weekend.

In a post on X, Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk touted the successful launch, in a rather modest takeoff. He added that the company was “super paranoid” about safety ahead of the launch.

“Super congratulations to the @Tesla_AI software & chip design teams on a successful @Robotaxi launch!! Culmination of a decade of hard work. Both the AI chip and software teams were built from scratch within Tesla,” he posted on X.

One passenger in the company’s early success program also reportedly made 11 rides with the service with “zero issues.”

As earlier stated, Tesla, Inc.’s (NASDAQ:TSLA) robotaxi service is currently not available to the general public, nor is it completely “unsupervised.” The vehicles  will include Tesla-employed safety monitors in the front passenger seat who can react to dangerous situations by hitting a kill switch.

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Disclosure: None. This article is originally published at Insider Monkey.