Tesla has date in mind for Austin Robotaxi launch
Digest more
Tesla's June robotaxi debut in Austin is a go, but it will be invite only, a Morgan Stanley analyst, who visited the company's Palo Alto office, said.
Cathie Wood has been right about Tesla before, and the company is about to launch its highly anticipated Robotaxi service.
If you're a Chinese robotaxi company, the Gulf has become the place to be, attractive for a regulatory environment that is embracing the technology and robust demand for ride-hailing services.
The most recent sales come from Ira Ehrenpreis and Kimbal Musk. Ehrenpreis, who is the founder of venture capital firm DBL Partners, filed Form 144 for the sale of 477,572 Tesla shares worth around $162.1 million. The sale comes from the exercise of options.
Waymo is currently on the road in several cities, with some analysts concluding that it has already overtaken Lyft in areas of San Francisco where Waymo operates. Meanwhile, Tesla's (NASDAQ: TSLA) autonomous robotaxi service is set to launch next month in Austin,
Tesla’s rollout of its robotaxi will usher in a “golden age of autonomous” and could send the EV maker’s beaten-down stock soaring by 40%, WedBush analyst Dan Ives predicted Friday.
Waymo and Baidu's Apollo Go are leading the robotaxi race with impressive milestones, while Tesla's promises are yet to become reality.
The top five companies -- Apple, Microsoft, Nvidia, Amazon, and Alphabet -- currently have a collective market value of $14 trillion, and Tesla is worth about $1 trillion. So, Musk's prediction currently implies 1,300% upside as the company leans into major opportunities in autonomous driving and robotics products.