Tesla(US:TSLA) CNBCยท2025-06-10 21:53Core Viewpoint - Tesla's stock has rebounded significantly after a sharp decline due to a public feud between CEO Elon Musk and President Donald Trump, with shares rising 5.7% to close at $326.09, just $6 short of pre-feud levels [2][11]. Group 1: Stock Performance - Tesla's market cap dropped by 14% in a single session following the Musk-Trump conflict, but the stock has since rallied almost back to its previous levels [1][2]. - The stock closed at $326.09 after a 5.7% increase, indicating a recovery trend [2]. Group 2: Autonomous Vehicle Testing - Tesla is testing driverless vehicles in Austin, Texas, with a video shared by Musk showing a Model Y operating without a human safety supervisor [3][4]. - The company plans to launch a pilot for a driverless ride-hailing service in Austin, expected to start on June 12, with a limited rollout of 10 to 20 robotaxis [4][5]. - The Model Y will be used for these tests, and the service will be geofenced to limit operational areas, with remote monitoring by employees [5]. Group 3: Competitive Landscape - Tesla's entry into the robotaxi market comes after years of delays, positioning it behind competitors like Waymo, which has a commercial fleet operating in Austin [4][7]. - Waymo is currently the only autonomous vehicle maker in Austin with a "deployment" designation, while Tesla is listed as "testing" [6][7]. Group 4: Investor Sentiment - Analysts at Piper Sandler noted that the sighting of driverless cars in Austin aligns with their investment thesis for Tesla, maintaining a buy rating on the stock [15]. - Despite the positive developments, concerns remain regarding the safety and operational details of Tesla's driverless vehicles, as highlighted by auto safety researchers [15][16].