$Tesla Motors(TSLA)$ Robotaxi

$Tesla Motors(TSLA)$ Robotaxi on 8th Aug is likely going to push prices up but not back to the the all time highs near 400.

Demonstrating a working prototype of Robotaxi is not something new and companies in US I.e Waymo and especially in China I.e. DIDI, BAIDU and many more, have already implemented their versions of Robotaxi.

In spite of these, I still believe TSLA is on the path towards a truly scalable Robotaxi, with software that can be deployed in every Tesla EV and also in all road conditions, unlike its competitors who still depend on very expensive sensors setup and intensive mapping.

Challenges foreseen will be the reliable of the proof of concept of their version of Robotaxi over competitors and also the perception of the regulators to release TSLA for on road testing.

TSLA is still the number 1 EV in the US and 2nd in China after BYD and continues to innovate.

There is definitely bandwidth for further growth.

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BaronLyly
04-09
BaronLyly
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