Despite a significant stock surge, Tesla remains behind in the permitting process for its robotaxis, with no application submitted yet. The company’s market capitalization jumped 4.7% on Thursday, adding nearly $45 billion to its value. This gain is comparable to the recent valuation of rival autonomous driving company Waymo.
Source: https://www.bloomberg.com/news/newsletters/2025-07-11/tesla-hasn-t-even-applied-for-permits-musk-s-robotaxis-need