Key Takeaways

• Tesla shares rose Wednesday morning as CEO Elon Musk said the EV maker's robotaxi program is set to launch June 22.

• Previous reports indicated the company was targeting a June 12 launch, a date Tesla never commented on or confirmed.

• Musk also said Wednesday that he regrets some of the posts he made attacking President Donald Trump last week.

Tesla (TSLA) shares are rising Wednesday after three straight sessions of gains thanks to new social media posts from CEO Elon Musk.

On Tuesday evening, Musk responded to a user asking questions about the launch of Tesla's robotaxi program, saying it will launch "tentatively, June 22."

"We are being super paranoid about safety, so the date could shift," Musk wrote. He added that the first Tesla that will drive itself from the factory directly to a customer's door should be delivered about a week later, on June 28.

Last month, Bloomberg reported that Tesla was targeting a June 12 launch for the autonomous ridesharing service, while Musk had previously only said the program was on track to launch sometime this month. In its own posts hours before Musk's, the Tesla X account posted a robot and car emoji, and responded to another user sharing video of what appeared to be a Tesla with no one in the driver's seat being tested on the roads of Austin, Texas.

Piper Sandler analysts, with a $400 price target, on Tuesday wrote that the vehicle test confirms that "a key component of our TSLA thesis has officially begun playing out," adding that they expect "the stock to sustain upward momentum in the coming weeks" assuming the program launches without issue.

Musk has also said Tesla's plans for a more affordable Tesla model are on track to launch this month as well, but details about that potential launch have yet to be released.

Musk Also Says Some Posts About Trump 'Went Too Far'

In another post early Wednesday, Musk said he regrets some of the posts he made during his public split with President Donald Trump last week, saying they "went too far." In a few posts, which have since been deleted, Musk accused Trump of being in the "Epstein files," referencing the late convicted sex trafficker, and agreed with another user who said Trump should be impeached so Vice President JD Vance could take over.

Musk spent days criticizing the budget reconciliation bill currently working its way through Congress for adding to the deficit and national debt. Trump last week said he was "disappointed" in Musk for his comments, and the pair continued to exchange comments and insults on their own social media platforms for hours afterward.