Tesla's Robotaxi Event: Could Investor Hopes Be Premature? Analyst Predicts Mass Production Not Until 2027
Portfolio Pulse from Aaron Bry
Tesla's Robotaxi event is generating excitement, but analyst Ming-Chi Kuo predicts mass production won't occur until 2027. Despite recent stock gains, expectations for a significant rally may be premature due to potential regulatory hurdles.
October 09, 2024 | 5:48 pm
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Tesla's Robotaxi event is highly anticipated, but analyst Ming-Chi Kuo suggests mass production may not start until 2027. This could temper expectations for a significant stock rally post-event, despite recent gains.
The anticipation around Tesla's Robotaxi event has driven recent stock gains. However, the analyst's prediction of delayed mass production until 2027 suggests that expectations for a significant rally may be premature. Regulatory hurdles could also impact the timeline.
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