The Tesla (TSLA) chief executive and former head of the Department of Government Efficiency has been on what analysts have described as an apology tour after his much-publicized falling out with President Donald Trump.

The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,

Elon Musk posted multiple responses to a video of a Tesla emblazoned with the word "Robotaxi" in cyberpunk-style font driving around.

“You have a regulatory environment that’s keen to capitalize on these developments,” says Alison Brooks, research vice president for worldwide public safety at IDC. “At the same time, it’s a blue city in a red state that’s predisposed towards alternative vehicles that are more environmentally friendly.”

Tesla shares have surged in anticipation of the launch of the company's robotaxi service in Austin, Texas, this week. Goldman Sachs says Tesla has advantages in the AV market, but questioned its ability to meet CEO Elon Musk's targets.