Tesla launched its long-awaited robotaxi service in Austin, Texas, on June 23, allowing selected analysts and shareholders to experience paid rides with a safety operator present in the vehicle.

• The service currently utilizes existing Tesla vehicles with a small “robotaxi” logo and features a $4.20 flat fee for rides.
• Elon Musk praised the company’s AI and chip design teams for their decade-long work leading to the launch.
• Analysts noted that this “low-key” pilot aims to position Tesla against competitors like Waymo and Uber, as the self-driving taxi market is projected to grow significantly.

The average price of newly built condominiums in the greater Tokyo area saw a significant rise in May, according to a report by the Real Estate Economic Institute.

• Average condo prices reached approximately 93.96 million yen (about 638,649 U.S. dollars), reflecting a 25.5 percent year-on-year increase.
• Key organization: Real Estate Economic Institute
• In Tokyo's 23 wards, prices surged to an average of 140.49 million yen, a 36.1 percent increase, with focus on ultra-luxury properties.