Tesla Stock Reacts to Robotaxi Launch

Tesla stock climbed very high this week, fell slightly, and then rebounded nicely as they launched a new autonomous driving service.

Written by: Timothy St. John • Wednesday, June 25, 2025 • 2 min read

• Last updated: Wednesday, June 25, 2025

Tesla stock is elevated for now, thanks to its new taxi service.

Quick overview

Tesla shares rose 8% this week following the launch of its robotaxi service but dropped 2.35% on Tuesday amid a rising stock market.
The stock experienced volatility, fluctuating between highs and lows, and is currently around $343, significantly below its 2025 peak of $428.
Tesla's robotaxi service is in a soft rollout phase, operating limited hours and retrofitting existing cars, which may provide a competitive edge over rivals like Waymo.
Future stock performance may depend on external factors such as trade news, as the company may not see immediate profits from the new service.

Tesla (TSLA)shares were up 8% of the week as its robotaxi service launched, but the electric car maker saw its stock drop 2.35% on Tuesday as much of the stock market rose.

Tesla was able to gain back some of its lost stock value in its recent rally.

Tesla stock retreated this week after a strong start which was buoyed by the launch of its new self-driving taxi service. The car company’s stock was up on Wednesday morning by 0.99%, however. In premarket trading, it looks like Tesla is managing to hold onto some of its gains, fluctuating wildly between highs and lows but still remaining high for the week.

Briefly, Tesla climbed above $350 per share, but then dropped to $343 by Wednesday morning. Where it is sitting now, before the markets open in earnest, is very close to last month’s high but still a long way off from its 2025 peak of $428 per share.

Where Tesla Stock Is Headed

This has been one of the most volatile stocks on the market, pushed and pulled by various factors like CEO Elon Musk’s waning popularity, Tesla’s poor sales performance, and the launch of new services.

Compared to where the stock has been for much of the year, Tesla shares are somewhat elevated. The company did not wait for a new autonomous-driving law to go into effect before it released its robot cars onto the streets of Austin, Texas. The taxis operate during limited hours and do not drive during inclement weather. They are not fully available to the public yet, as Tesla has opted for a soft rollout to iron out any wrinkles in the service.

Tesla’s taxi service could be very cost-effective for the company. They are not building new cars for this purpose but are instead retrofitting existing cars to work with the new parameters. This gives them a leg up over the competition from Waymo, which is already available in a number of U.S. cities as a competing robot taxi service.

We expect this stock to stay volatile for a while and to wait on a new factor to get much of a boost. The company may not see any real profits from its new service for a while, and the stock will likely only jump if we hear good news about Chinese and U.S. trade.

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ABOUT THE AUTHOR See More

Timothy St. John

Financial Writer - European & US Desks

Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.