"Unveiling Tesla's Robotaxi: What We Know and Don't Know"

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Source: Investor's Business Daily
"Unveiling Tesla's Robotaxi: What We Know and Don't Know"
Photo: Investor's Business Daily
TL;DR Summary

Tesla stock experienced volatility after reports of canceling its $25,000 Model 2 in favor of focusing on its robotaxi platform, with CEO Elon Musk denying the claims and announcing the robotaxi unveiling on August 8, leading to speculation and conflicting analyst opinions. Despite recent stock performance and declining earnings estimates, Tesla continues to make progress on its next-generation vehicle and full self-driving technology, with the company's future outlook and market position remaining uncertain.

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