Tesla’s Robotaxi service in Austin had a successful launch this past Sunday, with TSLA stock climbing in the days following launch day. The EV maker and now rideshare service provider sent out a small fleet of self-driving taxis in the city. It is the first time the service has been tested publicly without human drivers, and the rides were offered for a flat fee of $4.20 in a limited zone. As a result of the groundbreaking launch, TSLA shares are up 3% in the last five days.
With Tesla (TSLA)’s recent success, investors in the Elon Musk-founded company may want to invest further. An alternative way to get in on Tesla’s potential success, besides directly investing in TSLA, is in select ETFs. The Simplify Volt TSLA Revolution ETF (TESL) is a solid option that has seen returns in an otherwise rough 2025 for the Tesla company. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in Tesla-related instruments. In addition, the TESL ETF is up 6% year-to-date and over 130% in the past year.
Elon Musk’s autonomous fleet follows what he calls a revenue-sharing model, where Tesla owners can add their personal vehicles to the autonomous fleet. Tesla takes a small cut while owners earn money, and this often exceeds their monthly car payments, according to the company’s projections. The company’s Q3 2025 results will be noteworthy as more rides on the Robotaxi service take place.
Also Read: Tesla Stock (TSLA) Up 10% After Robotaxi Launch: $400 Incoming?
Competition from other AI-assisted rideshare companies like Alphabet’s Waymo could help or harm Tesla stock, but the company’s Sunday launch went well. “It was a comfortable, safe, and personalized experience,” said Wedbush Securities analyst Dan Ives, who took multiple robotaxi rides on Sunday and has long been a Tesla investor bull.
“There was a moment where we drove up a narrow road going up a hill with cars parked on both sides, with oncoming traffic and people opening their car doors into the road, and the robotaxi masterfully maneuvered with patience and safety.” Tesla stock is a buy according to the analyst as well.
