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Tesla Surges Ahead of High-Stakes Cybercab Robotaxi Unveiling

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The Story

News Summary

  • Tesla shares surged over 6% ahead of its Austin Cybercab unveiling, highlighting autonomous ride-hailing ambitions.
  • Despite regulatory restrictions, slow initial rollout, and competition from Alphabet's Waymo, investors and analysts remain focused on the vehicle's long-term commercial potential, with price targets reaching up to $475.
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TSLA price history

365.44 -12.53% over the displayed period

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