Tesla (TSLA, Financial) saw its stock jump over 4% to $417.93, as the company announced plans to launch full self-driving technology in Texas without human oversight. This initiative is set for rollout by June, alongside the introduction of more affordable vehicle models that are on track for production in the first half of the year.
The news has generated excitement among investors, who are eager about Tesla’s technological advancements and potential market expansion. However, Tesla’s CFO issued a note of caution, highlighting that tariffs from the Trump era could impact the company’s profitability.
