Elon Musk's Visit Sparks Excitement for Tesla's 'Robotaxi' Development
Wednesday, 8 May 2024, 10:23
Elon Musk's Visit to China Sparks 'Robotaxi' Excitement
Elon Musk's visit to China in April led to major developments for Tesla, including potential testing of the 'Cybercab' in the country.
Key Developments:
- Elon Musk's proposals for testing the 'Cybercab' in China
- Rumors of agreements with Chinese tech giant Baidu
Outcome: The stock price of Tesla may surge towards $200 due to deepening ties with the Chinese market.
Concerns Over Tesla's Prospects
Despite recent positive developments, concerns remain regarding Tesla's long-term outlook, including quality issues with the 'Cybertruck' and the timeline for autonomous technology.
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