Tesla, Robotaxi and San Francisco
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Tesla reports only 7,000 robotaxi miles, and gets deeper with claims of Autopilot safety. Plus Lyft announces they'll offer autonomous shuttle rides next year
Tesla faces falling EV demand and production challenges, but hopes its upcoming robotaxi launch will reshape mobility and reassure investors.
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Investor's Business Daily on MSNAs Tesla Stock Sank On Earnings, Cathie Wood Loaded Up
TeslaTSLA sank more than 8% in Thursday's stock market, giving up key levels, in the wake of second-quarter earnings and CEO Elon Musk's conference call comments. However, Cathie Wood and Ark Invest saw that as an opportunity to buy more of their favorite stock.
Tesla’s go-fast strategy could actually slow its progress and that of the autonomous-vehicle industry if it undermines public trust, some analysts said. Tesla has historically faced legal and regulatory trouble involving its Full Self-Driving (FSD) driver-assistance system, which is not fully autonomous.