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| Science & Technology |
| Tesla Shares Jump As Robotaxi Secures Texas Rideshare Permit |
| 2025-08-09 |
| [ZeroHedge] Tesla shares rose in early New York trading after Tesla Robotaxi LLC secured a rideshare license in Texas for its robotaxi Model Y fleet under the state's new autonomous vehicle regulations, which take effect Sept. 1. Tesla Robotaxi LLC is now registered as a transportation network company with the Texas Department of Licensing and Regulation, joining the ranks of operators such as Lyft. As previously reported by Reuters, the new law states that operators of robotaxis must obtain a permit from the Texas Department of Motor Vehicles before deploying the autonomous vehicle without a human safety supervisor in the front passenger seat. It also gives the state government the authority to revoke the permits if these vehicles are a danger to the public. Related: Tesla 08/07/2025 Greek pro-Palestinian groups plan ‘Day of Action’ targeting Israeli tourists Tesla 07/15/2025 Musk's Grok signs $200m deal with Pentagon days after antisemitism row Tesla 07/09/2025 Energy-sucking AI data centers can look here for power instead |
| Posted by:Skidmark |