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Barchart
Barchart
Aditya Raghunath

Tesla’s Robotaxis Reportedly Sped and Veered Into the Wrong Lanes. Does This Crush the Bull Case for TSLA Stock?

Tesla Inc. Elon Musk Austin Texas

Tesla’s (TSLA) highly anticipated robotaxi launch in Austin, Texas encountered turbulence as multiple videos surfaced showing the autonomous vehicles violating traffic laws during their first day of commercial operation.

Despite initial investor enthusiasm that sent TSLA stock up 10% before paring gains to 8% on Monday, June 23, concerning footage showed Tesla’s Model Y robotaxis speeding, making improper turns, and briefly driving into lanes for opposing traffic.

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