Tesla Robotaxi Event Might Have 3 Product Announcements But Will Likely Be Light On Details, Says Analyst: This Is What He Is 'Hyper-Focused' On
Portfolio Pulse from Anan Ashraf
Tesla's upcoming robotaxi event on Oct. 10 is expected to announce three new vehicles, including a $25,000 model, a robotaxi, and a robovan. Analyst Gene Munster emphasizes the importance of the cheaper model for Tesla's growth, despite potential production delays. Tesla's recent delivery numbers fell short of expectations, impacting stock performance.
October 04, 2024 | 9:51 am
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Tesla's robotaxi event on Oct. 10 is expected to announce a $25,000 vehicle, a robotaxi, and a robovan. Analyst Gene Munster highlights the importance of the cheaper model for Tesla's growth, despite potential production delays. Recent delivery numbers were below expectations, affecting stock performance.
The announcement of a $25,000 vehicle is significant for Tesla's growth targets, as it could help increase deliveries. However, potential production delays may affect timelines. Recent delivery numbers were below expectations, which negatively impacted the stock. The event could provide a positive catalyst if details are favorable.
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