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Tesla's robotaxi fleet shrinks amid safety concerns; SpaceX IPO filing hints at major equity moves.

Market News
07 Jun 2026
Badar Shaikh
View Source
Neutral
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Tesla has reduced its robotaxi fleet to about 20 vehicles despite expanding the Austin service area, raising safety concerns from former engineers. Meanwhile, SpaceX updated its IPO filing, indicating a lock-in period for Musk's shares and potential equity issuance for acquisitions, which may impact Tesla's stock. Tesla also saw a significant sales surge in France, recovering in the European market. Elon Musk commented on Terafab's tax impact, suggesting it could become a major revenue source for Grimes County, Texas.

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