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Tesla, Robotaxi and Uber
Why Uber Stock Hit an All-Time High After Tesla's Robotaxi Rollout
Key Takeaways Shares of Uber and Lyft jumped on Friday after Tesla's introduction to its new robotaxi failed to live up to ridesharing investors' fears.Analysts noted Tesla's much-anticipated event was light on details about the rollout of a ridesharing app that would compete with Uber or Lyft,
Tesla stock sinks as ‘toothless’ robotaxi disappoints
Jefferies ( JEF) analysts called Tesla’s $30,000 robotaxi, dubbed the Cybercab, a “toothless taxi” in a note to investors Friday morning, adding that Tesla has “ambitious targets" with “little evidence of feasibility.” “We believe TSLA potentially underappreciates the obstacles to scaling a robotaxi fleet,” they wrote.
How Uber Stock Could Get a Boost From Tesla's Robotaxi Event
Tesla’s Robotaxi event should raise the profile of self-driving technology. That can benefit shares of other companies investing in or adopting robotaxis. Uber is one of those potential beneficiaries,
1h
on MSN
Tesla's robotaxi dreams are going to be an insurance nightmare
Tesla has lots of hurdles to jump before launching driverless rides, but an overlooked barrier is car insurance.
59m
on MSN
Uber and Lyft are the big winners from Tesla’s underwhelming Cybercab reveal
The lack of details from Elon Musk’s Thursday presentation has assuaged any fears of Tesla dominating the rideshare market ...
1h
Tesla unveils ‘Cybercab’ robotaxi in bid to diversify business
Musk touted the "glorious future" signalled by the arrival of Tesla's self-driving cars, but its software has faced issues in ...
6h
on MSN
Elon Musk's Robotaxi is still miles away from overtaking Uber and Waymo in the ride-hailing race
Elon Musk has big plans for Tesla's Robotaxi, which could disrupt the ride-hailing economy. However, analysts say it has a ...
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