Tesla vs Uber Stock After Robotaxi: TSLA Flat, UBER -6.6%
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Tesla vs Uber Stock After Robotaxi: TSLA Flat, UBER -6.6%
Tesla did not get paid for launching a robotaxi. Uber got charged for it. The consensus reading of 3 September is that the Cybercab going into commercial service in Austin repriced both stocks in opposite directions, and for one session it did. Then check the closes. Tesla finished 15 September at $356.58, forty-three cents below its $357.01 close on 2 September, the last session before Cybercab fares started. The whole 5.4% launch-day pop has g…
A reporter rode in the CyberCab, a robotaxi vehicle launched in early September by Tesla, the American electric vehicle (EV) giant, in Austin, Texas, where the company's headquarters are located. The vehicle has no driver's seat and smoothly started and stopped repeatedly. A vehicle in the adjacent lane changed lanes and moved forward…
The Tesla Cybercab was designed to transport passengers from one place to another in comfort and autonomy. In Austin, a Cybercab overshot the mark.
Tesla's steerless and pedal-free robotaxi, Cybercab, increased a trip in Austin that normally takes about 10 minutes to 70 minutes. Behind the long route is the inability of the car to use highways and some railway crossings.
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