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Ex-Waymo CEO is not impressed by Tesla's Robotaxi
Elon Musk unveiled a fleet of prototype Robotaxis — officially called the Cybercab — on Thursday.
We totally agree that ideally Musk and Tesla should have spent more time on details around this strategic autonomous vision, and that will naturally weigh on shares this morning as a knee-jerk reaction," Wedbush analysts said. Gene Munster of Deepwater Asset Management said in an X post that an affordable EV "was Elon's 'A' topic from the last earnings call, where he mentioned the start of production as early to mid-2025… or maybe even late 2024." "My sense is that the car is still on the roadmap for sometime late in 2025, but the company decided not to discuss it, as it would have triggered the Osborne Effect, causing Model 3 buyers to hold off," he wrote.
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