Transportation

Tesla Shares Jump Most in Two Months on Robotaxi Rollout

Tesla Rolls Out Robotaxi in Austin to Handful of Users

Tesla Inc. shares climbed after the automaker rolled out its long-promised driverless taxi service to a handful of riders, a modest debut for what Elon Musk sees as a transformative new business line.

The first robotaxi trips were limited to a narrow portion of Tesla’s hometown of Austin on Sunday, with an employee sitting in the front passenger seat of each vehicle to monitor for safety. The carmaker hand-picked a friendly group of retail investors and social-media influencers to serve as initial riders and live-stream their trips.