Tesla tops trading volume at $299.53 billion as robotaxi launch sparks investor debate

On May 19, 2025, Tesla (TSLA) recorded a trading volume of $299.53 billion, making it the top-traded stock of the day. The company's shares closed down 2.25%.

Tesla is set to launch a limited robotaxi service in Austin, Texas, next month. This move has garnered significant attention, with analysts and industry experts closely monitoring the development. The robotaxi service is seen as a core component of Tesla's artificial intelligence (AI) strategy, representing a significant step forward in the company's technological advancements.

Despite the upcoming launch, there has been some skepticism in the media regarding the success of the robotaxi service. Critics have already deemed it a failure, even before its public release. This negative sentiment could potentially impact investor confidence and stock performance.

Tesla CEO Elon Musk recently hinted at the imminent rollout of the app platform for the robotaxi service through a cryptic post on X. This has further fueled speculation and anticipation among investors and industry observers.

Analysts have mixed opinions on the potential impact of the robotaxi launch on Tesla's stock. Some, like Sheppard, have reaffirmed their Overweight rating on the stock, citing the potential for significant growth. However, others, such as Gary Black, believe that analysts may be setting unrealistic expectations for the June launch.