The Latest Breaking News from Tesla Inc.

Here’s why these three mega-cap tech stocks are poised to benefit from the robotics boom over the next three decades.

Tesla’s driverless ride-hailing service is limited to a geofenced area in Austin about half the size of the one rival Waymo operates in.

Long-time Tesla Inc. (NASDAQ:TSLA) bull and managing partner at the Future Fund LLC, Gary Black, is sounding the alarm on what he sees as an overlooked blind spot in Tesla's robotaxi narrative: a growing list of competitors.

Tesla launched its robotaxi service in Austin over the weekend. While the stock was initially trading only marginally higher, shares have since surged on Monday.

U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Monday.

"We, of all times right now, should be living those values out, not pivoting to what some comms person tells us is the right thing to do. That would be ridiculous," French Gates said.

While Tesla attempted to minimize risks in part by inviting out-of-town influencers from the Tesla community, there were some issues.

Self-driving Tesla Model Ys are finally zooming around Austin, ferrying a select group of paying passengers in the city's safest parts.

Tesla Inc.‘s (NASDAQ:TSLA) recent Robotaxi launch in Austin grabbed headlines with a cheeky $4.20 flat fare and Elon Musk-style bravado. But JPMorgan analyst Doug Anmuth notes it's just the beginning. Tesla plans to scale from 20 to 1,000 vehicles and expand to LA, SF, and beyond in months.

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg‘s apparent alignment with the MAGA movement has left many of his colleagues feeling “grieving,” and Elon Musk‘s popularity was reportedly a major motivating factor behind this.

Tesla's Robotaxi service will start on 22 June for select invitees but all is not as planned.