Tesla, Inc. (NASDAQ:TSLA) is one of the best NASDAQ stocks to buy and hold for 3 years.
Reuters reported on June 3 that Tesla, Inc. (NASDAQ:TSLA) is rolling out its unsupervised robotaxis in the Austin Metro area in Texas in an attempt to speed up its autonomous ride-hailing operation
It stated that a wider adoption of the company’s full self-driving software and an expansion of the robotaxi service are key to Tesla’s (NASDAQ:TSLA) growth strategy since its pivoted focus from EVs to AI and robotics. Tesla’s official robotaxi account stated in a post on X that: “Unsupervised Robotaxi now in the entire Austin Metro area”. In another development, on May 29, Reuters reported the announcement by Estonia’s transport authority delivered on Friday that it had cleared Tesla, Inc.’s (NASDAQ:TSLA) FSD driver-assistance system for use on its roads.
The clearance came after recognising a type approval first granted in the Netherlands. Tesla FSD is a level 2 driver assistance system, which means that the driver remains fully responsible for safe driving at times. Tesla, Inc. (NASDAQ:TSLA) designs, manufactures, and sells high-performance electric vehicles and energy generation and storage systems.