Tesla (NASDAQ: TSLA) shares jumped 8.2% on Monday, closing at $348.63 after the EV maker officially rolled out its highly anticipated robotaxi service in Austin, Texas. The launch marks a pivotal milestone in Tesla's autonomy roadmap, reinforcing CEO Elon Musk's long-standing vision of turning Tesla into an AI-powered mobility company.

Tesla continues to maintain a strong technical and fundamental outlook according to the Company Rating API, with investor optimism now fueled further by early-stage commercial deployment of Full Self-Driving capabilities.

🔹 Key Launch Details

• Fleet: 10-20 modified Model Y vehicles

• Coverage: Geo-fenced areas within Austin city limits

• Exclusions: Airport trips currently not allowed

• Safety Protocols:

  • In-vehicle Tesla monitor in the front passenger seat

  • Remote driver oversight for backup

• Fare: Flat-rate $4.20 per ride

💬 Analyst Take: Neutral But Watchful

Wall Street is treading carefully. RBC Capital Markets reiterated that the service's core structure was expected, but highlighted key surprises like the use of safety monitors and remote support.

Still, Price Target Summary data suggests upside potential if Tesla proves this business model is scalable, particularly because autonomy is expected to contribute significantly to Tesla's valuation in the coming years.