I am highly skeptical of Tesla Robotaxi safety considering that their claims of "full self driving" on their consumer cars is a basic camera vision system trimmed back from a more robust multi layered approach to self driving (LIDAR/infrared cams etc., working together with the camera)
I hope people are really looking into their approach, otherwise 1 big crash and we will be looking at a spiral in prices.
Feels very much like the imploded submarine, where a tech company claims to be pushing the boundaries of what is possible, but is constantly cutting corners to cut costs and try to frame it as innovative approach against tired safety conventions.
I hope mr. musk and his company isn't looking at future users as guinea pigs...
ARK Fund Trims Tesla After New Highs: Time to Take Profits?
After hitting a new high on Monday, Tesla saw Cathie Wood trim her position in the stock.
While Tesla remains within a technical buy zone, analysts have lowered their expectations for fourth-quarter vehicle deliveries. On Monday, ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Autonomous Technology & Robotics ETF collectively sold 60,715 shares of Tesla, cashing out an estimated $29.67 million.
With Tesla trading near recent highs, would you take profits here? Could 2026 be a breakout year for Tesla—or another period of consolidation like this year?
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