Tesla stock rally hints at markets backing a driverless future

June 24, 2025

This article was updated on

This article was first published on

Notizie di mercato

Tesla’s shares jumped over 8% this week, and it wasn’t due to a new model or a flashy earnings beat. It was something far more futuristic: robotaxis.

The EV giant has officially launched its autonomous ride-hailing service in Austin, Texas. It’s limited for now, a small zone, early access users, and a Tesla staffer riding along, but it’s real, and markets took notice.

This sudden rally might be more than a short-term reaction. It could be a sign that investors are warming up to a future where cars drive themselves - and maybe even earn their keep while you’re asleep.

Tesla’s robotaxi: Not just another tech demo

Tesla’s robotaxi rollout isn’t a concept sketch or a lofty promise from a stage. It’s happening on the streets - albeit quietly. Passengers are being ferried around South Austin in autonomous Model Ys, with each ride priced at a flat $4.20. Yes, there’s a safety monitor in the passenger seat, and yes, it’s far from the sci-fi version we’ve been sold. But it’s a start - and an important one.

What’s more telling is the market’s response. Tesla’s stock didn’t just tick upwards - it leapt.

For a company already heavily scrutinised, that kind of reaction suggests something deeper: belief. Investors appear to be pricing in more than just a successful pilot - they’re placing early calls on what could become a massive shift in mobility.

Tesla ride-hailing: The long game

Elon Musk has long argued that Teslas shouldn’t just be cars - they should be workers. In his vision, your Tesla drives you to work in the morning, then spends the day chauffeuring other people around, earning income on your behalf - a personal robotaxi.

It’s an ambitious idea - one that’s taken years of development, missed deadlines, and raised plenty of eyebrows. But now, with even a small-scale launch in motion, that vision has taken a step closer to reality. And the market, it seems, is paying attention.

Tesla’s approach sets it apart from rivals like Waymo and Zoox. While they’re fitting out their vehicles with an arsenal of sensors, including LiDAR, radar, and all sorts of tech wizardry. Tesla is going all in on cameras and neural networks. It’s a bold move: fewer sensors, more software.

Some call it reckless. Others say it’s the only scalable solution. Either way, Tesla’s rally suggests investors are buying into the idea that software will win - and that Tesla, not the tech giants, might just crack driverless transport first.

GM stock outlook: The value pick in the background

While Tesla grabs headlines with its $4.20 robotaxis and surging share price, General Motors has been quietly gaining ground. Its stock is up over 10% in recent months, and some analysts still consider it undervalued based on price-to-earnings multiples.

No, GM isn’t promising fully autonomous fleets tomorrow. And no, it won’t flood your feed with memes. But it is turning out steady profits, and for investors who prefer fundamentals over fanfare, that might be enough.

Its projected earnings growth, around 6.8%, isn’t eye-catching, but it’s reliable.

In a market often distracted by hype, GM offers something refreshingly straightforward: value.

Tesla technical outlook: Two different roads, same destination?

Tesla and GM represent two sides of the transport future. One is pushing the boundaries of autonomy with grand visions and viral launches. The other is building quietly, focusing on profitability, scale, and a slower EV transition.

Both are heading toward a future where cars drive themselves, just at different speeds, and with different investors in the passenger seat.

So while Tesla’s robotaxis may have stolen the spotlight this week, don’t count out the old guard. If markets really are backing a driverless future, there might be room for both the dreamers and the doers.

At the time of writing, Tesla is seeing some price retreat within a sell zone, hinting at a possible price reversal. However, the volume bars show strong bullish pushback against recent dominant sell pressure, hinting at a price uptick. Should we see more upside, prices could find resistance at the $357.00, $367.00, and $410.00 price levels. Conversely, should we see a slump, prices could find support at the $314.00 and $272.00 price levels.