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Tesla shares soar after first robo-taxi rides hit the road

Tesla shares jumped over 9% on Monday after the electric vehicle maker started testing its long-awaited robo-taxi service.

Tesla’s reveal of the Cybercab, a robo-taxi designed as a sporty coupe, has flummoxed investors and analysts.

Uber Technologies’ stock jumped after Tesla unveiled a robo-taxi called Cybercab on Thursday in California.

Tesla CEO Elon Musk showcased a two-door robo-taxi with gull-wing doors and no steering wheel or pedals at a much-hyped event on Thursday.