Tesla is "tentatively" aiming to begin its robotaxi service in Austin on June 22. But leading up to the launch, residents in Southeast Austin are noticing some strange activity from the vehicles.

Tesla stock extended its rally for a fourth straight session Wednesday as tensions between Musk and President Trump appeared to ease.

“You have a regulatory environment that’s keen to capitalize on these developments,” says Alison Brooks, research vice president for worldwide public safety at IDC. “At the same time, it’s a blue city in a red state that’s predisposed towards alternative vehicles that are more environmentally friendly.”

Tesla shares have surged in anticipation of the launch of the company's robotaxi service in Austin, Texas, this week. Goldman Sachs says Tesla has advantages in the AV market, but questioned its ability to meet CEO Elon Musk's targets.