Tesla has been approved for a rideshare license in Texas, paving the way for Robotaxi operations, and has launched a pilot in Austin.
Tesla's move is well-calculated, as Robotaxi LLC joins the ranks of Uber and Lyft, with new laws effective September 1, regulating autonomous rideshare services on par with human drivers, and all necessary cameras and insurance in place.
With Michael Saylor predicting a flow of $1 trillion into digital assets, the trend of traditional markets shifting towards crypto is becoming increasingly evident, and Tesla's actions are accelerating this integration.
Market sentiment is heating up; BTC just dipped below 116,000 but ETH broke 4,000. It feels like the launch of Robotaxi will ignite related tokens, so keep an eye on the correlation with TSLA stocks, and consider positioning in AI + transportation meme coins in the short term.