Tesla Robotaxi spotted without a safety driver in Austin
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Analyst Andrew Percoco and his team expect the company to increase its fleet size to 1,000 vehicles on the road in 2026, up from between 50 and 150 on the road today. By the end of 2035, Morgan Stanley expects Tesla ( TSLA) to have one million robotaxis on the road across multiple cities.
TSLA shares dropped 73.6% from a peak of $409.97 on November 4, 2021, to $108.10 on January 3, 2023, in contrast to a peak-to-trough drop of 25.4% for the S&P 500. Sine then, the stock surged to a high of $479.86 on December 17, 2024, and is currently trading at $475.31
Tesla's stock is back near its all-time highs a year earlier, as investors buy into the electric vehicle maker's plans for autonomous driving, robotics, and AI.