Elon Musk's Live FSD V12 Drive 'Amazing,' Says Analyst But Explains Why This Doesn't Change His Thinking
Portfolio Pulse from Shanthi Rexaline
Tesla CEO Elon Musk livestreamed a test drive of a Model 3 vehicle with the full self-driving software beta V12 version, receiving mixed reactions. The livestream received 38 million views and was reposted 25,500 times. Tesla investor and Future Fund's Gary Black said he believes Tesla will be the first to solve FSD and that others will likely catch up one to two years after. However, Black's bullish stance on Tesla hinges on the company’s Cybertruck and a budget model EV, not on FSD.
August 27, 2023 | 3:38 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Tesla's FSD V12 test drive received mixed reactions, but investor Gary Black's bullish stance on the company is based on the Cybertruck and a budget model EV, not FSD.
The news about the FSD V12 test drive is directly related to Tesla, but the mixed reactions and the investor's stance not being based on FSD may not have a significant impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Baidu's Apollo Go driverless robotaxis are already licensed for public use in four China mega-cities and have provided 3.3 million rides with no driver or remote operator present.
The news about Baidu's Apollo Go driverless robotaxis being licensed for public use and providing 3.3 million rides is positive and could have a positive impact on the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50