Tesla's Robotaxi Testing Advances, Boosting Stock

Teslas stock surged this week, reaching its highest point this year, following Elon Musks confirmation of Robotaxi testing without a safety driver. The companys ambitious plans for self-driving technology and household robots have renewed investor optimism, with analysts estimating the AI and autonomous opportunity could be worth at least one trillion dollars. Tesla plans to double its Robotaxi testing fleet this month, expanding operations to Phoenix and Nevada, and is expected to begin mass production of the new Cybercab vehicle next year. Analysts believe Tesla could control seventy percent of the global autonomous market over the next decade due to its unmatched scale, scope, and expanding AI footprint.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.