Jeff Sica, founder of Circle Squared Alternative Investments, discusses the significance of Tesla's upcoming Robotaxi event for Elon Musk and the potential impacts it may have. He suggests that this initiative could bolster Tesla's position in the autonomous vehicle market, particularly as interest rates rise, affecting the overall economy.
Tesla's advancements in autonomous technology, especially with the Robotaxi initiative, might attract further investment and increase market confidence in the company's growth potential. This could lead to a positive trend in their stock value as investors anticipate greater market share in the future.
Gerber Kawasaki CEO Ross Gerber comments on Tesla’s ‘We, Robot’ event and the market reaction on ‘The Claman Countdown.’
Oct 11, 2024, 2:35 PM
A district court ruled that Sweden’s constitution prevented it from taking a side in a labor dispute between Tesla and local unions that has dragged on for 11 months.
Oct 11, 2024, 1:01 PM
Investors were left with more questions than answers, it seems, following Tesla’s “We, Robot” robotaxi event on Thursday night.