Smart driving stocks surged in Hong Kong. Minieye rose 17%; iMotion Automotive rose 8%; Horizon Robotics rose 5%; Black Sesame rose 4%.
Tesla shares jumped over 8% on Monday after the electric-vehicle maker started testing its long-awaited robotaxi service, a key step toward proving the technology that CEO Elon Musk has for years touted as a crucial driver of its lofty valuation.
The automaker deployed a small fleet of self-driving taxis in Austin, Texas, on Sunday, marking the first time its cars have carried paying passengers without human drivers. The rides were being offered for a flat fee of $4.20 in a limited zone.