Tesla Inc TSLA bull and analyst Dan Ives has raised the price target on the electric vehicle stock once again ahead of an upcoming robotaxi launch. The Tesla Analyst: Wedbush analyst Ives maintained an Outperform rating on Tesla and raised the price target from $350 to $500.

Several Tesla Cybertruck owners in Texas are reporting a "quirk" where their trucks in FSD drive into oncoming traffic while making a left turn. This comes less than two weeks before Tesla launches unsupervised FSD in Austin,

Elon Musk said Tesla's robotaxis will avoid certain intersections in Austin after being asked about a BI report that showed FSD running a red light.

Tesla CEO Elon Musk has confirmed that the electric vehicle maker will be rolling out its robotaxis on the streets of Austin by the end of June, CNBC reports.

Tesla will begin deploying a small fleet of robotaxis in Austin, Texas, as part of a pilot program intended to evaluate its new Unsupervised Full-Self Driving system.

Tesla stock rose Thursday, likely due to AI supercluster and robotaxi plans. China sales recovery and recent, institutional support for Tesla's innovation also contributed.

Tesla CEO Elon Musk emphasized his commitment to the role and robotaxi plans in a string of interviews Tuesday. One of Wall Street's biggest Tesla bulls said he's seeing "a different Musk."

Tesla's June robotaxi debut in Austin is a go, but it will be invite only, a Morgan Stanley analyst, who visited the company's Palo Alto office, said.