June 22 Tesla Robotaxi Debut Countdown, Stock Price Gaining Momentum

TradingKey - On Tuesday evening Eastern Time, Tesla (TSLA) CEO Elon Musk announced significant news via social media; the tentative date for the public trial operation of Tesla Robotaxi (the autonomous ride-hailing service) is set for June 22.

The initial public trial operation will kick off in Austin, Texas, on June 22. On June 28, the service will achieve its first “Self-Delivery,” where vehicles autonomously drive from the factory to customers' homes — coincidentally, it is also Musk's birthday.

The trial operating vehicles will be Model Y equipped with a new “unsupervised” FSD (Full Self-Driving) technology, requiring no human safety operator for monitoring. However, to ensure safety, a “geofencing” strategy will be implemented, allowing operations only in specific areas initially. Staff will monitor vehicle status remotely using VR headsets.

The first phase of the trial operation is quite small, involving only 10 to 20 Robotaxis; however, there are plans to gradually expand this number to several thousand. Musk stated that within the next 2 to 3 years, he aims to promote the widespread adoption of autonomous vehicles globally and plans to expand operations to other cities like San Francisco.

Recently, due to news regarding the autonomous ride-hailing service and positive developments in Musk's relationship with Trump, Tesla’s stock price rose by 5.67% yesterday and has increased for three consecutive trading days, with an approximate overall gain of 15%, successfully recovering most of the market value lost last week due to disputes between both parties.

(Source: TradingView)