2024-07-12 07:00:43
Automotive
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Impact of Tesla's Robotaxi Delay on Stock Performance
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TechCrunch
Technology
Tesla has reportedly delayed the unveiling of its 'robotaxi' design from August to October, as the company needs more time to build the prototypes. The company had initially planned to hold the event on August 8, but has now pushed it back to give itself more time. Tesla CEO Elon Musk had previously teased the robotaxi event in April, on the same day that Reuters reported the company was shelving plans for a new $25,000 vehicle.
The Verge
Tesla reportedly delaying its robotaxi reveal until October
Technology
Tesla is reportedly delaying the reveal of its long-promised fully autonomous robotaxi until October, instead of the originally planned August 8th event. The delay is to give the company's engineering team more time to build and test prototypes. Tesla CEO Elon Musk has previously described the company as an AI and robotics company, rather than a traditional automaker, and has been teasing the possibility of a Tesla robotaxi for a long time.
Yahoo Finance
Tesla Plans to Delay Robotaxi Event to Build More Prototypes
Technology
Tesla is delaying its planned robotaxi unveiling event from August 8 to October to allow more time for teams to build additional vehicle prototypes. The delay has been communicated internally, and the idea of creating an autonomous taxi service has been a priority for Tesla for at least eight years. Tesla CEO Elon Musk has talked up the company's work on autonomous-vehicle technology for over a decade and convinced customers to pay for a product marketed as Full Self-Driving, which requires co..
EL PAÍS
The Mysterious Tesla Stock Surge and Why It Confuses the Market
Finance
Technology
Tesla's stock has experienced a surge on the stock market, rising 44% in 11 consecutive trading sessions. However, experts consider that this increase is not justified by the company's fundamentals, which are facing a slowdown in sales and profits. Some investors, such as Bill Gross, consider Tesla a 'meme stock' whose valuation is not linked to its current results, but to the expectation that Elon Musk can transform it into an artificial intelligence powerhouse. Even so, the uncertainty about..
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