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Tesla Analyst Sets The Stage For 'Game Changing' Robotaxi Event, Anticipates 'Seminal And Historical Day For Musk And Tesla'

Benzinga LogoBenzinga11h ago

Tesla Analyst Sets The Stage For 'Game Changing' Robotaxi Event, Anticipates 'Seminal And Historical Day For Musk And Tesla' - Benzinga

Quick Summary:

What To Know: Ives released a new note to clients late Monday, reiterating Tesla with an Outperform rating and price target of $300 ahead of the EV company’s long-awaited “We, Robot” event set for Oct.10.“We believe Robotaxi Day will be seminal and historical day for Musk and Tesla and marks a new chapter of growth around autonomous, FSD, and AI future at Tesla,” Ives said in a note to clients.

Wedbush analyst Dan Ives is out with a new note laying the groundwork for Tesla Inc’s (NASDAQ:TSLA) highly anticipated robotaxi event, expected to introduce new “game changing” technology.

The Wedbush analyst anticipated several “game changing” updates and details surrounding Tesla’s robotaxi platform, rumored to be called the “Cybercab.” Ives laid out expectations for updates on scaling the ...


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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets:

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Article Type: News Report

Published On: 2024-09-30 @ 22:26:26 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 448 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 22811727

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