Reported 2 days ago
Cathie Wood of Ark Invest believes Tesla's Robotaxi service could drive its stock price to $2,600 in five years, but the challenge lies in the company's current position relative to Waymo, which is ahead in autonomous driving. For Tesla to achieve this optimistic target, it must rapidly expand its Robotaxi fleet and overcome significant hurdles in safety, technology, and competition, as its self-driving capabilities are still limited compared to Waymo's advanced level 4 autonomy.
Source: YAHOO