Key Takeaways Tesla is expected to launch its autonomous ride hailing service later this month, perhaps as soon as this week.The company has yet to confirm or deny a report from Bloomberg that it is targeting a June 12 launch for the robotaxi.

Tesla (NASDAQ: TSLA) massively defied expectations in the past few weeks. The stock surged despite a Q1 earnings report that was dismal, and continued gaining as Musk made promises about robotaxis and Optimus robots.

Musk has long promised an autonomous Tesla vehicle, with estimates of delivery that were always “two or three years away.” Now a hand-selected group will be able to see the potentially game-changing car in action in the Texas capital for themselves.