Tesla is expected to launch its robotaxi service in Austin, Texas, as soon as this week, with the electric vehicle maker's stock in need of positive news after a week marked by political strife between CEO Elon Musk and President Trump.

Musk has long promised an autonomous Tesla vehicle, with estimates of delivery that were always “two or three years away.” Now a hand-selected group will be able to see the potentially game-changing car in action in the Texas capital for themselves.

Tesla would need to grow earnings at a very high rate over an extended span to justify its current stock multiple.