Reported about 24 hours ago
Tesla's stock is under pressure after earnings fell short, and while some analysts, like Dan Ives, view the autonomous vehicle era as crucial for Tesla's growth, Seth Goldstein from Morningstar remains skeptical. He acknowledges the potential of robotaxis but points out that Tesla lacks the first-mover advantage and faces regulatory challenges, particularly in Europe and China. Goldstein highlights that the success of Tesla's robotaxi venture hinges on the software's readiness and its ability to function safely without a driver, casting doubt on immediate market success.
Source: YAHOO