Musk Unveils New Robotaxi Plans, Sending Tesla Stock Higher Against Market Trends!

TradingKey

21 May

TradingKey – Elon Musk revealed the latest updates on Tesla’s autonomous Robotaxi project, driving Tesla (TSLA) stock up despite broader market declines.

On Tuesday, May 20, Tesla(TSLA) shares defied market trends, rising 0.51% to $343, while major U.S. indices fell by approximately 0.3%. Big Tech stocks saw sharp declines, with Google(GOOG) and Amazon (AMZN) dropping over 1%.

Tesla Stock Chart – Source: Google.

Tesla managed to stay in the green despite the broader market slump, largely due to progress in its autonomous vehicle sector. Musk stated,"Tesla is set to begin testing its autonomous Robotaxi fleet in Austin, Texas. Initially, around 10 vehicles will be deployed, with plans to scale up to 1,000 units within the first month."

Musk further revealed that Robotaxi services will gradually expand to San Francisco, Los Angeles, and other major cities. Additionally, he predicted: "By the end of next year, Tesla aims to have as many as 1 million fully autonomous vehicles in operation."

Find out more

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Initially, around 10 vehicles will be deployed, with plans to scale up to 1,000 units within the first month.</em></i><span>\"</span></p><p dir=\"ltr\"><span>Musk further revealed that Robotaxi services will gradually expand to San Francisco, Los Angeles, and other major cities.  Additionally, he predicted:  \"</span><i><em>By the end of next year, Tesla aims to have as many as 1 million fully autonomous vehicles in operation.</em></i><span>\"</span></p><p>Find out more</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Unveils New Robotaxi Plans, Sending Tesla Stock Higher Against Market Trends!</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Unveils New Robotaxi Plans, Sending Tesla Stock Higher Against Market Trends!\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2025-05-21 14:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p dir=\"ltr\"><b><strong>TradingKey – Elon Musk revealed the latest updates on Tesla’s autonomous Robotaxi project, driving Tesla (TSLA) stock up despite broader market declines.  </strong></b></p><p dir=\"ltr\"><span>On Tuesday, May 20, Tesla(</span><span>TSLA</span><span>) shares defied market trends, rising 0.51% to $343, while major U.S. indices fell by approximately 0.3%.  Big Tech stocks saw sharp declines, with Google(</span><span>GOOG</span><span>) and Amazon  (</span><span>AMZN</span><span>) dropping over 1%.  </span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250521/d42827f3f98a4ab7b33c5dfbbb57306f图片5.png\" width=\"inherit\"/></p><p dir=\"ltr\"><span>Tesla Stock Chart – Source: Google.</span></p><p dir=\"ltr\"><span>Tesla managed to stay in the green despite the broader market slump, largely due to progress in its autonomous vehicle sector.  Musk stated,\"</span><i><em>Tesla is set to begin testing its autonomous Robotaxi fleet in Austin, Texas. Initially, around 10 vehicles will be deployed, with plans to scale up to 1,000 units within the first month.</em></i><span>\"</span></p><p dir=\"ltr\"><span>Musk further revealed that Robotaxi services will gradually expand to San Francisco, Los Angeles, and other major cities.  Additionally, he predicted:  \"</span><i><em>By the end of next year, Tesla aims to have as many as 1 million fully autonomous vehicles in operation.</em></i><span>\"</span></p><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1267930573.SGD","symbol_name":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","start_time":0,"source_url":"https://www.tradingkey.com/news/stocks/250712824-tsla-msuk-robotaxi-tradingkey-block-tao","article_id":"2537608498","we_media_id":"1041236214","thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20231124/7ea99a6975f8a2110513663e4343c485.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537608498","pubTimestamp":1747807760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"TradingKey","introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"summary":"Elon Musk revealed the latest updates on Tesla’s autonomous Robotaxi project, driving Tesla (TSLA) stock up despite broader market declines.  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0672654240.SGD":"FTIF - 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Initially, around 10 vehicles will be deployed, with plans to scale up to 1,000 units within the first month.\"Musk further revealed that Robotaxi services will gradually expand to San Francisco, Los Angeles, and other major cities.  Additionally, he predicted:  \"By the end of next year, Tesla aims to have as many as 1 million fully autonomous vehicles in operation.\"Find out more","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}