Comparisons Between Waymo and Tesla Miss How Strange the Robotaxi Race Is

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Tesla’s valuation has been spectacular lately, closing at an all-time record of $489.88 earlier this month and still hovering pretty close to that astronomical figure as of this writing. Tesla bulls, notably Dan Ives of Wedbush capital, say this is because Tesla is on the verge of successfully deploying robotaxis, and that Tesla’s stock price could spike to $800 next year.

A New York Times report from Thursday reads like a valiant attempt to talk sanity into anyone who believes the…



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Comparisons Between Waymo and Tesla Miss How Strange the Robotaxi Race Is



Tesla’s valuation has been spectacular lately, closing at an all-time record of $489.88 earlier this month and still hovering pretty close to that astronomical figure as of this writing. Tesla bulls, notably Dan Ives of Wedbush capital, say this is because Tesla is on the verge of successfully deploying robotaxis, and that Tesla’s stock price could spike to $800 next year.

A New York Times report from Thursday reads like a valiant attempt to talk sanity into anyone who believes the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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