US Stock Market Move | Tesla, Inc. (TSLA.US) rose more than 2% as the "Robotaxi story" enters a crucial validation period.
On Thursday, Tesla (TSLA.US) rose more than 2%, closing at $479.44.
On Thursday, Tesla, Inc. (TSLA.US) rose more than 2%, reaching $479.44. In terms of news, Tesla, Inc. is currently launching fully autonomous Robotaxi testing in Austin, with no safety supervisors or passengers in the vehicle, marking a key validation stage for its commercial autonomous driving. Morgan Stanley analyst Andrew S. Percoco stated in a recent research report that Tesla, Inc.'s ability to successfully remove safety supervisors and improve safety metrics may be the most important recent catalyst for validating its Robotaxi strategy.
Morgan Stanley predicts that Tesla, Inc. will significantly increase its Robotaxi fleet to 1,000 vehicles by 2026, and reach 1 million vehicles by 2035. With a cost advantage of $0.59 per mile, Tesla, Inc. not only has an early lead in the autonomous travel market, but will also accumulate key data and regulatory basis for the comprehensive promotion of its Full Self-Driving (FSD) technology.
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