Tesla Jumps 5.14% After Nevada Clears Up to 5,000 Robotaxis in Clark County
Updated
Updated · Yahoo Finance · Aug 21
Tesla Jumps 5.14% After Nevada Clears Up to 5,000 Robotaxis in Clark County
3 articles · Updated · Yahoo Finance · Aug 21
Summary
Tesla closed at $362.86, up 5.14%, after Nevada authorized paid driverless passenger service and allowed the company to operate as many as 5,000 autonomous vehicles in its first year in Clark County.
58.5 million Tesla shares changed hands, about 39% above the three-month average of 42.1 million, showing investors were trading on fresh signs its robotaxi rollout is moving from testing toward commercial service.
That Nevada approval builds on reports last week that Tesla plans to launch its Cybercab in Austin later this month, initially offering rides to employees.
The gain outpaced a broader market rise of 0.43% for both the S&P 500 and Nasdaq, while EV peers also advanced, with Rivian up 6.00% and Ford up 3.00%.