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Barchart
Barchart
Yiannis Zourmpanos

Tesla Just Launched Its Robotaxis to the Public. Does That Make TSLA Stock a Buy Here?

Tesla (TSLA) released its Robotaxi app to the public, opening up availability beyond early Austin, Texas testers. The move is a milestone in the company’s next stage of development, transitioning from electric car leadership into self-driving transport services. TSLA stock jumped more than 3% to $350.84 on the development, as investors now contemplate in the long haul how fleet-based business lines affect Tesla’s lofty valuation.

The big EV business is in the midst of a fundamental transformation. The incumbent carmakers are pulling in EV investment as the market dips, and Tesla is investing ever more aggressively in AI and robots. Amid a background of swinging tariffs and political turbulence, the company is positioning itself no longer as a carmaker but as a provider of software, energy, and ride-hailing platforms.

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