Tesla, robotaxi and Musk
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Tesla’s robotaxi push faces safety flaws, legal risks, and issues in Austin, casting doubt on its autonomy vision. Learn why TSLA stock is a sell.
Tesla stock appears to be nearing a pivotal moment as its autonomous ambitions either become reality or fail to impress. The post Is this an unmissable opportunity to buy Tesla stock? appeared first on The Motley Fool UK.
Tesla is expanding its robotaxi pilot program to the San Francisco Bay Area within the next two months, contingent on regulatory approvals
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Tesla’s Robotaxi Plans Heat Up in Arizona, But Questions RemainTesla Robotaxi" > Tesla is seeking approval to launch a robotaxi service in Arizona, including Phoenix. The company has applied to operate autonomous vehicles with or without onboard safety personnel,
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Despite these issues, Tesla investors appear to be convinced that the company will experience a surge in sales trends at some point. This is evident by the wild premium the stock commands. Shares trade at a price-to-earnings ratio of 169 as of this writing. A valuation like this bakes in huge sales and earnings growth for years to come.
The EV maker files paperwork for Phoenix and San Francisco, but it has some hurdles to clear before approval, and already had a small accident in its first city.
Tesla, Inc. shifts focus to AI, autonomy, and robotics, led by Robotaxi and Optimus. Discover why we rate it a Buy for long-term growth. Click for more on TSLA.