Tesla stock rises ahead of weekend Robotaxi launch in San Francisco

Group 1 - Tesla is preparing for its robotaxi rollout in San Francisco, with CEO Elon Musk focusing on self-driving technology amid declining sales [1] - The robotaxi division is in early stages, having completed only a limited test run in Austin, Texas earlier this year [1] - Tesla's stock rose by 2.57% to $313.15, driven by excitement for the upcoming launch [1] Group 2 - Despite the stock's short-term gains, Tesla has faced challenges, including an 8% drop in stock price on July 24 following a poor second-quarter performance [2] - The company experienced a more than 50% decline in regulatory credit sales and a 14% decrease in overall vehicle deliveries, indicating weakening demand [3] - Tesla's market share in Europe fell to 2.8% in June, down from 3.4% a year prior, marking the sixth consecutive month of decline in new registrations [3] Group 3 - Wall Street's 12-month price targets for Tesla's stock vary significantly, ranging from $19.05 to $500 [3]