Tesla Stock Gains as California Approves Ride-Hailing Permit

Reported about 8 hours ago

Tesla's stock rebounded following the California Public Utilities Commission's approval of the company's application for a transportation permit, inching it closer to launching robotaxi services. The permit currently allows supervised ride-hailing for Tesla employees but does not permit public rides in autonomous vehicles yet. Additionally, Cantor Fitzgerald upgraded Tesla's stock rating, citing potential growth tied to the autonomous ride-hailing market, despite some ongoing challenges.

Source: YAHOO

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