Wall Street Analysts Mixed on Tesla's 'Robotaxi Day'

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Wall Street Analysts Mixed on Tesla's 'Robotaxi Day'
TeslaRobotaxiCybercab
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While Tesla prepares to unveil its robotaxi car, dubbed the 'Cybercab', Wall Street analysts remain divided on the company's prospects. Some express skepticism about Tesla's readiness for a driverless taxi service and question if it can deliver on promises of an affordable $25,000 EV.

, where it's expected to reveal its robotaxi car nicknamed the " Cybercab ," many Wall Street analysts aren't feeling too optimistic about Tesla 's prospects., a common concern is that Tesla could still be years away from being ready to operate a driverless taxi service.Other firms are also doubtful about Tesla delivering a new car in the near future, even if the hype is strong the short term.

"We wouldn't be surprised to see relative strength in the stock leading into the event.

"We believe Robotaxi Day will be a seminal and historical day for Musk and Tesla and marks a new chapter of growth around autonomous, FSD, and AI future at Tesla," the private financial services firm Wedbush Securities said, as quoted byStill, a little skepticism seems to be the order of the day outside the circle of Tesla devotees. Last week, Deepwater Management partner Gene Munster.

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