Tesla Stock Rises in May Amid Robotaxi Expansion, With Implications From Potential SpaceX IPO
Tesla's stock rose by 14.2% in May due to optimism around its robotaxi expansion, which grew from nine vehicles at the start of April to 39 by early May before halting on May 10. The growth paused alongside a slowdown in share price gains. CEO Elon Musk indicated that version v14.3 software is the final step toward large-scale FSD deployment.
Topics: Elon Musk robotaxi self-driving technology SpaceX IPO Tesla