Tesla, Elon Musk and robotaxi
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Tesla has faced severe demand destruction due to a reputational crisis, yet the stock remains resilient due to the powerful narrative and retail
Chinese EV makers are moving quickly to develop driver-assistance systems in a market where car-buyers are demanding them at a faster pace than in other regions, analysts say. Their ability to do so at lower costs poses the biggest threat to Tesla’s new autonomy-based business model.
Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.
Tesla, Inc. faces falling sales, brand issues, and valuation woes, with competition and uncertain tech prospects impacting its future. Click for my TSLA update.
U.S. stock index futures edged up on Friday as investors awaited monthly payrolls data, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.S. President Donald Trump.
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Tesla share rose in early trade after plunging 14% Thursday following a harsh online exchange between Elon Musk and President Trump.
Tesla is planning to offer rides on its self-driving robotaxis to the public starting June 22, according to CEO Elon Musk. While the launch of this service is highly anticipated, challenges such as safety concerns and regulatory hurdles remain significant.
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 faces an existential test this month as it aims to launch self-driving “robotaxis” in its home base of Austin, Texas, where public-safety officials are increasingly concerned about the state’s anti-regulation stance toward autonomous vehicles.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Falls Ahead Of Inflation Data; Tesla Rallies On Robotaxi News (Live Coverage)Dow Jones futures dropped Wednesday ahead of the Consumer Price Index report. Tesla stock rallied on robotaxi news on the stock market today.