Elon Musk Rolls Out Robotaxi Fleet in Austin. Will Tesla's Stock Gains Stick?

Elon Musk and Tesla (NASDAQ: TSLA) rolled out their long-awaited Robotaxi autonomous ride-hailing service recently in Austin, Texas. The company has launched with a small fleet that operates within a limited area, with the hope of expanding rapidly, marking a significant milestone as Tesla seeks to gain ground on Alphabet's Waymo.Tesla stock is up approximately 42% from lows hit in early April. Shares had momentum throughout much of June, but have started to fade since Robotaxi officially hit the streets (down around 9%).Can Tesla stock hold on to its recent gains, or are shares (down roughly 21% year to date) likely to continue lower? Here is what you need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool