Robotaxi Day 'marks a new chapter of growth' for Tesla, Wedbush says

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Robotaxi Day 'marks a new chapter of growth' for Tesla, Wedbush says
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Robotaxi Day 'marks a new chapter of growth' for Tesla, Wedbush says

) will be hosting its much-anticipated Robotaxi Day on Thursday, Oct. 10, an event that Wedbush analysts think “marks a new chapter of growth around autonomous, FSD, and AI future” at the electric vehicle giant.

They believe the announcement will shed more light on Tesla's Next-Gen Platform, advancements in Full Self-Driving technology, and AI, with Tesla likely outlining its Robotaxi strategy for the upcoming year. "We firmly believe that Tesla remains a robotics/AI play in the future rather than just an EV vendor," the analysts noted, maintaining their Outperform rating on Tesla stock and $300 price target.

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