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Tesla doubles down on robotaxi timeline; investors enthused and skeptical
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Tesla peppered its latest earnings call with pledges to launch commercial robotaxi operations soon, with CEO Elon Musk promising that autonomous vehicles will “move the financial needle in a significant way” by late next year.
While the U.S. electric vehicle maker has missed targets many times before, its reiteration on Tuesday of a previously announced launch target has investors believing that its self-driving future is close.
As its core automotive business struggles, with vehicle sales down 13% in the first quarter, expectations are high for…
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