Tesla employees are testing autonomous EVs in Austin and San Francisco ahead of a ride-hailing service rollout in Austin this summer.

Tesla Inc. has expanded its testing of a ride-share app to employees in Austin, as the company pushes toward a June launch of an autonomous version of the service.

Tesla’s profit slid last quarter, as the company struggled to overcome a reputational hit from Chief Executive Elon Musk’s polarizing role in the Trump administration. Musk said he would devote less time to his work at the Department of Government Efficiency from next month,

Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits

Tesla shares surged about 5% in premarket trading on Wednesday after Elon Musk said he would spend less time working for the U.S. administration, kindling hopes that the billionaire CEO would devote time to mending the EV maker's brand and sales.