Mabel Edison
09-08 05:29

$Tesla Motors(TSLA)$ One thing worth considering: the NHTSA probe will probably just end up validating the Cybercab. Trump appointed the agency's head, Jonathan Morrison, and Morrison's friendship with Musk goes back a ways. So Tesla could likely get a favorable outcome from the probe, which might then make it easier for the robotaxi/cybercab service to expand into other states like Florida, Nevada, and Arizona. The issue is the cash burn in this project is about to explode, which will hit Tesla's balance sheet pretty hard.

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