Elon Musk says robotaxi miles driven "more than 10% a week in terms of miles driven"

Ahead of Tesla’s Cybercab unveiling, trading in options centered heavily on bullish call contracts, with about $900 million in call premium on the automaker and Tesla the top name in options volume. CNBC’s Oliver Renick said the positioning looked bullish, but he viewed SpaceX’s long-dated put sales as showing firmer conviction. Tesla shares ended the session up 5.42%. During Tesla’s second-quarter earnings call, Elon Musk highlighted rapid week-over-week growth in distance traveled by Robotaxi vehicles; CFO Vaibhav Taneja said paid customers using FSD numbered nearly 1.5 million worldwide. The Cybercab has begun low-volume assembly at the company’s Texas factory. The piece argues such autonomous-driving milestones are what shareholders should weigh more heavily than short-term option flows around the reveal.