Driving the news: Tesla $TSLA ( ▲ 0.53% ) has secured a rideshare license in Texas, clearing the way for the company to operate its robotaxi service under new state regulations that take effect September 1.
For context: Tesla Robotaxi LLC is now listed as a licensed transportation network company alongside Uber and Lyft with the Texas Department of Licensing and Regulation.
Tesla began testing its autonomous rideshare service in Austin in June using supervised Model Y vehicles with safety monitors for a select group of users.
Why it matters: This is a significant step forward for Tesla's robotaxi ambitions, giving the company legal authorization to expand its autonomous ride service in one of the largest U.S. markets.
Looking ahead: Texas will surely be a key testing ground as Tesla works toward broader commercial deployment of its self-driving technology.
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