Tesla launches cheaper Model Y
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Two months after Tesla TSLA rolled out its first commercial robotaxi service in Austin, the big question is—how’s it really going? Tesla CEO Elon Musk bets the company’s future on autonomous vehicles, pitching robotaxis as the next growth engine.
Munster and other Tesla bulls believe he’s right that AI, autonomous vehicles, robotaxis and humanoid robots are the future that will lift Tesla to the $8.5 billion target price, and adjusted operating profits of $400 billion that would be 20 times greater than Tesla’s previous record profit.