Tesla (TSLA) Robotaxi Demo Wows Analysts Ahead of September Launch

Tesla, Inc. (NASDAQ:TSLA) is one of the Must-Watch AI Stocks for Investors. On August 19, William Blair analyst Jed Dorsheimer reiterated a Market Perform rating on the stock. The rating affirmation follows the demo of Tesla’s robotaxi service in Austin prior to the September public launch.

“Our main takeaway was that we experienced a glimpse of the future, and it is exciting. The comparisons are immediate and stark—multiple times we drove past Waymo and Zoox vehicles outfitted with their complex sensor suite that stick out like a sore thumb. In contrast, the robotaxis blended in with all the other Teslas on the road; we felt inconspicuous flowing with the traffic.”

The firm stated that Tesla’s autonomous vehicles have been blending in with all the other Teslas on the road, unlike Waymo and Zoox who sport complex sensor suites that “stick out like a sore thumb.”

Tesla (TSLA) Robotaxi Demo Wows Analysts Ahead of September Launch

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“Confirming our thesis, robotaxi was half the price of Uber (UBER $93.98; Outperform), demonstrating its ability to win market share by weaponizing price. Despite our enthusiasm for robotaxi, we acknowledge there is a period of margin headwinds that investors must endure from pending regulatory cuts as part of the OBBB, and thus, we maintain our Market Perform rating.”

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives.

While we acknowledge the risk and potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSLA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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