Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 4.4% in the morning session after reports showed the company's sales in the European Union plunged for the fifth consecutive month in May 2025.

Tesla (NASDAQ: TSLA) stock has surged by over 10% and closed up 8.2% after finally launching robotaxis. This was a long-awaited event that came after multiple delays. The launch itself was “tentative,” and Texas lawmakers requested Tesla to delay its launch until new regulations pertaining to autonomous vehicles take effect on September 1, 2025.

Tesla Inc. rolled out its long-promised driverless taxi service to a handful of riders Sunday, a modest debut for what Elon Musk sees as a transformative new business line.