Tesla’s (TSLA) ambitious robotaxi program received a regulatory boost last week as President Donald Trump’s administration announced a streamlined approval processes for autonomous vehicles, potentially aiding the company’s June 22 launch in Austin,

The bulk of Tesla's past stock performance has come from the growth of its EV division. Pioneering the industry, Tesla dominated new EV sales for a few years with its Model 3 and Y concepts, leading revenue to come close to $100 billion and operating income to soar past $10 billion. Now, these figures are all moving in the wrong direction.