Congress Backs Robotaxis, But Tesla Slips on SF Charging Setback
TL;DR Summary
Senate Commerce Committee backing for domestic autonomous-vehicle development signals strength for the robotaxi push, potentially aiding Tesla and Waymo in the global race. But Tesla scrapped a planned driverless charging station in San Francisco after union opposition, and TSLA stock fell over 5% as analysts maintain a cautious Hold view with modest downside risk.
- New Congressional Support For Robotaxis Gives Tesla Stock (NASDAQ:TSLA) No Help, Shares Plunge TipRanks
- Hit the Road, Mac: The Future of Self-Driving Cars Senate Committee on Commerce, Science and Transportation (.gov)
- Tesla & Waymo Executives Testify About Self-Driving Cars C-SPAN
- US lawmakers, Waymo, Tesla urge Congress to take action to speed deployment of self-driving cars Reuters
- Tesla and Waymo executives defend the safety of self-driving cars before Senate committee CBS News
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