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Elon Musk recently announced that Tesla will launch its driverless Robotaxi on August 8th, marking a new growth area for the company.
For years, Musk has been talking about the plan for autonomous Robotaxis, especially in the face of fierce competition from the electric vehicle market in China. Musk continues to focus on the originally planned low-cost cars, but many media outlets speculate that Musk may be afraid of market share being divided and has started redirecting resources towards Robotaxis to bring new business and revenue sources, accelerating their entry into the market.
Although Musk predicted the arrival of fully autonomous driving cars years ago, Tesla has not yet obtained Level 3 autonomous driving certification. Therefore, investors are cautious about Tesla's growth slowdown. Facing future regulatory scrutiny and safety evaluations, Tesla needs to overcome many obstacles.
It is worth noting that Musk's tweet announcing the launch of the driverless Robotaxi stimulated a rise in Tesla's stock price in after-hours trading, rising by more than 3.8% to $171.18. This demonstrates investors' optimistic attitude towards the Robotaxi plan and their confidence in Tesla's future. |
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