Wedbush analyst Dan Ives has emphasized the significance of China in Tesla Inc.‘s (NASDAQ:TSLA) growth trajectory. This comes after reports of the company’s plans to test its robotaxis in China.
What Happened: Ives, in an interview with CNBC, referred to China as the “heart and lungs of Tesla growth story.” He highlighted the importance of the Chinese market, especially in light of the company’s robotaxi plans.
Chinese state media disclosed that Tesla would be conducting trials of its robotaxis in China. Although the Chinese government has not given the green light for a full rollout of Tesla’s Full Self-Driving functions, it has reportedly welcomed the company to conduct some robotaxi tests in the country.
CEO “Elon Musk continues to play well in that sandbox in Beijing,” says Ives.
Full story available on Benzinga.com
Wedbush analyst Dan Ives has emphasized the significance of China in Tesla Inc.‘s (NASDAQ:TSLA) growth trajectory. This comes after reports of the company’s plans to test its robotaxis in China.
What Happened: Ives, in an interview with CNBC, referred to China as the “heart and lungs of Tesla growth story.” He highlighted the importance of the Chinese market, especially in light of the company’s robotaxi plans.
Chinese state media disclosed that Tesla would be conducting trials of its robotaxis in China. Although the Chinese government has not given the green light for a full rollout of Tesla’s Full Self-Driving functions, it has reportedly welcomed the company to conduct some robotaxi tests in the country.
CEO “Elon Musk continues to play well in that sandbox in Beijing,” says Ives.
Full story available on Benzinga.com
Wedbush analyst Dan Ives has emphasized the significance of China in Tesla Inc.‘s (NASDAQ:TSLA) growth trajectory. This comes after reports of the company’s plans to test its robotaxis in China.
What Happened: Ives, in an interview with CNBC, referred to China as the “heart and lungs of Tesla growth story.” He highlighted the importance of the Chinese market, especially in light of the company’s robotaxi plans.
Chinese state media disclosed that Tesla would be conducting trials of its robotaxis in China. Although the Chinese government has not given the green light for a full rollout of Tesla’s Full Self-Driving functions, it has reportedly welcomed the company to conduct some robotaxi tests in the country.
CEO “Elon Musk continues to play well in that sandbox in Beijing,” says Ives.
Full story available on Benzinga.com Read MoreChina, Dan Ives, electric vehicles, Elon Musk, Equities, EVs, Kaustubh Bagalkote, mobility, News, robotaxi, Stories That Matter, TSLA, Global, Markets, TSLA, US88160R1014, News, Equities, Global, Markets, Benzinga Markets
