Tesla (TSLA) Stock Jumps 5% After Nevada Approves 5,000 Robo-Taxi Permit
TLDR
- Nevada’s Transportation Authority approved autonomous vehicle permits for Tesla, Waymo, and Aviari on Friday
- Tesla is authorized to deploy up to 5,000 robo-taxis in Nevada over the next 12 months
- Waymo and Aviari received permits for 1,000 vehicles each
- Tesla stock jumped 5.1% on Friday but has still fallen 19% year-to-date, trading around $362
- Citizens analyst Andrew Boone reiterated a Market Perform rating on Tesla following the approval
Tesla got a major green light on Friday when Nevada’s Transportation Authority unanimously approved commercial robo-taxi permits for Tesla, Alphabet’s Waymo, and Aviari.
EXCLUSIVE: Tesla has just officially received approval for its full Autonomous Vehicle Network Company permit in Nevada, clearing the way for Tesla to launch a paid public Robotaxi service in Las Vegas.
This officially allows @Tesla to deploy up to 5,000 robotaxis over the next… pic.twitter.com/DPs5UtUlrE
- Sawyer Merritt (@SawyerMerritt) August 20, 2026
Tesla’s permit is the biggest of the three. The company is cleared to put up to 5,000 fully autonomous vehicles on Nevada roads over the next 12 months. Waymo and Aviari each received approval for 1,000 vehicles.
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