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Tesla CEO Elon Musk speaks alongside American President Donald Trump to journalists in the White House Oval Office on May 30, 2025 in Washington, DC.
Kevin Dietsch | Getty images
Within three days of negotiations since Elon Musk War of words with President Donald Trump Last week sank Tesla The market capitalization of 14% in a single session, the title has rallied almost the whole way back.
Tesla’s shares increased by 5.7% on Tuesday to close to $ 326.09 Tuesday, leaving the title to around $ 6 less where it was negotiated last Wednesday, before the Musk-Trump hubha exploded on social networks.
The last jump occurred after Musk shared a video on X showing that Tesla was testing driver -free vehicles on Austin’s roads, Texas, without human safety supervisor. THE Eight seconds clip showed the latest version of the Y SUV of the Y model, painted in black with a white graffiti style logo, painted on it, sailing on an intersection and a break to allow pedestrians to cross a pedestrian crossing.
After years of delays and unwitting promises left Tesla well behind the rivals as Alphabet Waymo on the Robotaximal market, the Musk company finally seems to put its autonomous driving technology in public streets, even if it is very limited to start. Bloomberg previously pointed out that Tesla should officially launch her “driver” for a driverless service in Austin on June 12, although the company did not confirm the calendar beyond saying that it arrives in June.
Musk recently told David Faber de CNBC that Tesla would start with a very small deployment, including around 10 to 20 of her Robotaxis, with a new “unopensed” version of FSD or “autonomous” technology of the installed company. The tests will involve the Y model, not the futuristic cybercab that Tesla plans to produce next year.
Musk said Tesla “Geofence” will be the service, limiting the place where robotaxis can initially operate, and employees will remotely monitor the fleet.
A Tesla automobile belonging to President Trump (he does not drive him, but some staff members) are parked in a lot next to the closing of the White House in Washington, DC on June 05, 2025.
Michael S. Williamson | The Washington Post | Getty images
Tesla is now listed as “test” on an official website for the city of Austin, Blog by Fan Ev Teslarati first reported. The site shares information on autonomous vehicle companies operating in Austin.
Waymo, which operates a commercial fleet in the Texas capital, is the only autonomous car manufacturer listed with an “deployment” designation, rather than “mapping” or “test” on the Austin site. The company also has commercial robotaxes services in some parts of the San Francisco, Phoenix and Los Angeles Bay region.
In Austin, Amazon Zoox is listed as tests, just like Avride, a developer of autonomous vehicles who released the Russian technology company Yandex.
Sawyer Merritt, a promoter and fan of Tesla, initially published the clip of the model operating on FSD-Upervise in Austin.
“Breaking: First of all Tesla Model y Robotaxi with person in spotted drivers’ siege tests on public roads in Austin, Texas!” Merritt wrote on X.
SPAT last week
Musk shared the post, adding: “beautifully simple design”. He later written“These are not modified Tesla cars that come directly from the factory, which means that each Tesla coming out of our factories is able to conduct itself without supervision!”
Musk, the richest person in the world, has just released a Bruising week. After its mandate, the Department of Efficiency of the Government of the Trump Administration (DOGE) officially ended, Musk and the president began to compete, partly due to the content of the expense bill debated at the Congress. The sputum became personal on Thursday, the two men rushing against each other of their respective social media platforms.
The stock was already affected, but took a net turn below after Trump said that Musk had become “crazy” and threatened to end government contracts and cut subsidies to his businesses. In addition to Tesla, Musk also directs the defense entrepreneur SpaceX, the artificial intelligence startup XAI (which owns X), the healthcare technology company Neuralink and Drilling Venture The Boring Company.
While Trump said he “assumes” that his relationship with Musk is over, the president is known for his transactional approach. The stock bump at the beginning of this week could be partly a reaction to a more contrite musk, which deleted some of the most sharp insults he previously launched on Trump, and seemed to approve the president on other political questions such as immigration.
Tesla investors urged Musk to refocus its attention to the electric car manufacturer after a Brutal first trimester This has seen automobile income dive by 20% due to the increased competition from manufacturers of electric vehicles at a lower cost in China and a reaction of consumers to political activities and the rhetoric of Musk. In key markets throughout Europe And ChinaSales from one year to the other from Tesla decreased in the first two months of the second quarter.
In a customer relationship on Tuesday, Piper Sandler analysts wrote, concerning driver -free cars identified in Austin, that “a key element of our TSLA thesis has officially started playing”. The company has a purchase rating on action.
Philip Koopman, an automotive security researcher and associate professor of computer engineering, told CNBC that investors should not take too much at the sight of Tesla who led driver -free vehicles on public roads.
“We do not know enough about society, or this clip, to know if these vehicles will be sure, how they work and what it costs,” said Koopman, referring to the video shared by Musk. He said he expects Tesla to be based strongly on the so-called “distance assistants” or the people who watch the company’s robotaxis from a computer in a service center, with the possibility of taking control if necessary.
