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Are Tesla's Robotaxi Ambitions Doomed Already?


(NASDAQ: TSLA) has already accomplished what few thought possible: It almost single-handedly advanced the world's evolution to electric vehicles (EVs). It made owning EVs cool -- even sexy -- at a time when previous EVs were inspiring very little.

Early belief in Tesla could have been described as a leap of faith. It's somewhat similar to what its investors face today: a leap of faith that the company's future will remain lucrative through its forays into artificial intelligence (AI), robotics, and, especially, robotaxis.

But what if consumers don't really want driverless vehicles or robotaxis? That's what a recent survey suggests, and it's got investors rethinking their commitment to Tesla. Let me explain.

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Source Fool.com

Tesla Inc Stock

€340.45
3.090%
Tesla Inc dominated the market today, gaining €10.20 (3.090%).
Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 40 Sell predictions.
As a result the target price of 400 € shows a slightly positive potential of 17.49% compared to the current price of 340.45 € for Tesla Inc.
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