Tesla is now the most valuable automaker in the wold by far with a market capitalization of over $800 billion. Investors view at as much more than just an automobile manufacturer. One of the key bull cases for Tesla is their full self diving technology which they plan to eventually use to develop a robotaxi network. Unfortunately, developing the FSD technology is much easier said than done. It now looks like we may never see a fleet of autonomous robotaxis in our lifetimes.
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