Robotaxi Bet Risky or Strategic For Tesla?
@nerdbull1669:
When $Tesla Motors(TSLA)$ CEO, Elon Musk announced that Tesla robotaxi will be unveiled on 08 August 2024, market seem to take this news positively as seen from the date (05 April 2024) to yesterday (08 April) trading. The day session of Tesla trade was significant promising, we have seen such consistent upwards trade from Tesla. Its shares was already sinking before Tesla reported anemic quarterly delivery figures on 02 April 2024. With reuters reported that Tesla would be shelving its plans for cheaper EV, this send the share further down, CEO Musk did try to clarify but the denial does not seem to help. Tesla Turned Around After Narrative Change On 05 April late afternoon, Tesla announced the unveiling of robotaxi, it help to push the shares a