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Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric... see more

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Tesla Inc > Tesla robotaxi: Analyst warns of 'disappointment'

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Post by FiddyFiddyShot on Apr 08, 2024 3:30pm

Tesla robotaxi: Analyst warns of 'disappointment'

Tesla CEO Elon Musk says the company's long-awaited robotaxi will be announced on August 8th. The news caused Tesla (TSLA) shares to bounce on Monday.

But not everyone thinks the news is a huge deal. Roth MKM Senior Research Analyst Craig Irwin tells Yahoo Finance that he thinks the robotaxi will be more like a "cybertaxi." Unless Tesla starts incorporating things like lidar and more and improved cameras, Irwin thinks the robotaxi will be a "nonstarter." "I think it's going to be a disappointment," Irwin says.
https://ca.finance.yahoo.com/video/tesla-robotaxi-analyst-warns-disappointment-190919491.html