Tesla robotaxi spotted running solo in Austin
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Tesla Shares Fall
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Musk often brags about how his products are either changing the world now, or will do so in the future. One of his favorite recent topics is Tesla Robotaxi. Tesla has teased its Robotaxi program since Musk first mentioned it in 2016. As recently as last year, Musk claimed there would be 1 million of them on the road by 2025.
Tesla has reported yet another crash involving its Robotaxi fleet in Austin to the NHTSA. The new data keeps the program’s accident rate alarmingly high compared to human drivers, even as the company prepares to remove human safety supervisors from the vehicles.
Tesla, Inc. faces a Strong Sell rating as competition rises, margins shrink, and its valuation outpaces growth. Click here to read why TSLA is a Strong Sell.
CEO Elon Musk a “wartime CEO” as he steers the electric vehicle (EV) maker into its next growth phase. Ives expects Tesla to aggressively roll out Robotaxis in over 30 U.S. cities in 2026, valuing its AI and autonomy opportunities for at least $1 trillion.
While Tesla stock hits records on robotaxi hype, Jed Dorsheimer of William Blair says the core EV market is only worth a fraction of the current $480 per share price tag.
Fund manager and prominent tech analyst Gene Munster said Alphabet Inc.'s (NASDAQ: GOOG) Waymo is firmly in the lead against rival Tesla Inc. (NASDAQ: TSLA) in the U.S. robotaxi market, while noting that the race was still in its early stages,
Tesla stock closed at a fresh record high on Tuesday, completing a monthslong rebound from severe losses earlier in the year.
Tesla recently announced that its robotaxi service will soon launch in Houston and Dallas. To prepare any potential riders, and drivers who will share the road with the taxis, Chron took a ride in one of Tesla's self-driving cars for a look at how the vehicle performs on Texas roads.
Ford Motor Company, Morgan Stanley, Magna International Inc, Tesla Inc. Read 's Market Analysis on Investing.com ZA.