Elon Musk’s Tesla shares appeared by 10% on Monday after debuting their “Robotaxi” Autonomous Fleet: the first major technology test that the billionaire has promised will transform the company’s business.
Tesla’s actions traded about $ 354 per action as a hand -chosen group of influencers who participated in the test in Austin, Texas, on Sunday hung positive reviews on X and other social media platforms.
Wedbush’s analyst Dan Ives a Tesla Bull said he participated in a test unit that “exceeded our expectations” for escape technology.
Ives maintained its “higher” rating for Tesla shares and a $ 500 price goal.
“Entering, we were waiting for us to be impressed, but to keep us away from it, all that is to say is that this is the future,” Iives said in a note to the customers.
Ives said he took about 15 minutes for Austin’s two walks.
“The journey itself was completely soft, and it was indistinguishable that the car was without a driver, since there was never a moment in the vehicle where we felt like something irrational,” said Ives.
Tesla’s security monitors “were not allowed to comment on or influence the car in any way,” he added.
The electric vehicle manufacturer began offering driver -free walks only on Sunday, with pilots collected a flat 4.20 $ 4.20 rate, a shameless for use of marijuana. Around 10 Tesla Model and SUV SUVs were on the road, with the “Security Monitors” company aboard the front seat to monitor the trips.
Tesla Guy, a social media influencer, compared the experience with “Basically Uber”.
Farzad Mesbahi, an ancient influencer turned into Tesla employees, said that his walks were “very soft and comfortable.”
“Now Tesla needs to climb this service safely,” Mesbahi told X. “As long as the system’s performance has, they should be able to cover the United States with robotaxes almost at night.”
Robotaxi competes directly with Waymo, owned by Google and Zoox with support of Amazon, in the autonomous vehicle market.
Musk had previously shared “Super Congratulations to Software Design and Chip @tesla_ai design teams in a successful @Robotaxi launch !!”
“Culmination of a decade of hard work. Both the AI Chip teams and the programs were created from scratch within Tesla,” Musk wrote to X.
The invitations circulated by Tesla said that the initial robotax service would be available from 6:00 to 12:00 hours local and limited to a geophied area, which means that anything outside the pre-established limits would be out of limit.
Tesla also said that the robotaxi service would be limited or unavailable in case of bad weather.
Musk has long explained the potential of “Tesla’s full -fledged” auto -aconduction, although federal regulators and other critics have repeatedly raised security problems.
He has suggested that autonomous driving technology can add $ 5 trillion to $ 10 trillion to Tesla market capitalization by transforming its vehicles into an instant productive fleet.
The billionaire had said that robotaxi launch was limited because Tesla was “super paranoid about security”.
The debut took place at a critical moment for Tesla, whose actions have been under pressure since Musk began in his controversial work with President Trump and the Government Efficiency Department.
Musk and Trump had a very public fall earlier this month, although since then the two have appeared to repair fences.
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Image Source : nypost.com