Tesla stock pops 10% as Musk touts 'successful' robotaxi Austin launch

Tesla's driverless robotaxi yet deed the roadworthy this weekend, sending shares of the electrical conveyance shaper up 10% connected Monday.

The EV elephantine debuted autonomous rides successful Austin, Texas, connected Sunday, opening the work to a constricted fig of riders by invitation only. CEO Elon Musk said successful a station connected societal media level X that customers were charged a level interest of $4.20.

"Super congratulations to the @Tesla_AI bundle & spot plan teams connected a palmy @Robotaxi launch!! Culmination of a decennary of hard work. Both the AI spot and bundle teams were built from scratch wrong Tesla," helium said successful a post.

One tester wrote on X that they did 11 with the work with "zero issues." Musk reposted galore firsthand encounters with the services.

Musk has agelong promised a driverless Tesla robotaxi fleet to investors, amping up the unit to deliver.

The motorboat puts Tesla head-to-head with Alphabet's Waymo, which is already operating a fleet of robotaxis successful respective cities crossed the U.S. and reached 10 cardinal trips past month.

Musk told CNBC's David Faber past period that Tesla aims to person "Hundreds of thousands, if not implicit a million" self-driving cars successful the U.S. by the extremity of adjacent year. In May, Musk archetypal announced plans to motorboat the work successful Austin, with aboriginal debuts acceptable for Los Angeles and San Francisco.

Heading into the launch, Tesla faced pushback from a radical of Democratic lawmakers in Texas and nationalist information activists urged the institution to hold the debut.

Tesla's full-self driving capabilities, which diagnostic a modular FSD oregon FSD supervised, see automatic steering and parking, but person been linked to accidents and fatalities, according to information tracked by the National Highway Traffic Safety Administration.