Tesla's stock price is moving towards its best weekly performance since May. This week, Tesla's stock price increased by a cumulative total of about 5%, and surged more than 5% in Friday's session to around 363.15 US dollars. This round of strong rebound has effectively reversed previous market concerns caused by declining automotive profits, huge AI capital expenditure, and slow progress in the promotion of RoboTaxi. According to reports, Tesla is preparing to launch its first self-driving taxi Cybercab without a steering wheel and no pedals at the end of August. The model will be the first to be tested for in-house employees in Austin, Texas, before being officially connected to the existing Robotaxi service network. Currently, Tesla's Robotaxi service has been launched in Miami, Orlando, and Tampa in Florida, as well as Austin, Dallas, and Houston in Texas.

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