Tesla is preparing to launch Cybercab soon
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Tesla investors aren’t focused on fundamentals right now, says Baird analyst Ben Kallo.
The Cybercab is Tesla’s latest business expansion; the company wants to revolutionize the self-driving cab just like it did with the EV all those years ago. Testing has been underway for quite some time now, but new details have emerged about the Cybercab.
Tesla prepares to start Cybercab's Robotaxi career in Austin with a launch event by the end of August, and you could be invited if you take a ride by August 23
Tesla's 26% boost in revenue wasn't enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.
Shares of Tesla are becoming closely linked with shares of SpaceX. One reason is the growing belief on Wall Street the companies will merge.
A gold Cybercab prototype has revealed how Tesla plans to integrate Starlink connectivity directly into its purpose-built robotaxi.