Noted investor Garry Black has expressed skepticism about the upcoming launch of Tesla Inc.‘s (NASDAQ:TSLA) robotaxi service in Austin, describing it as an “experiment” rather than a market test.
What Happened: In a post on X on Thursday, Black pointed out that the initial deployment of only 10-20 robotaxis in Austin does not constitute a significant market test. “This isn’t really a test market. It’s an experiment,” he wrote.
Black’s comments came in response to Tesla CEO Elon Musk‘s announcement on the company’s Q1 earnings call that the robotaxi launch would be limited in scope.
Full story available on Benzinga.com
Noted investor Garry Black has expressed skepticism about the upcoming launch of Tesla Inc.‘s (NASDAQ:TSLA) robotaxi service in Austin, describing it as an “experiment” rather than a market test.
What Happened: In a post on X on Thursday, Black pointed out that the initial deployment of only 10-20 robotaxis in Austin does not constitute a significant market test. “This isn’t really a test market. It’s an experiment,” he wrote.
Black’s comments came in response to Tesla CEO Elon Musk‘s announcement on the company’s Q1 earnings call that the robotaxi launch would be limited in scope.
Full story available on Benzinga.com
Noted investor Garry Black has expressed skepticism about the upcoming launch of Tesla Inc.‘s (NASDAQ:TSLA) robotaxi service in Austin, describing it as an “experiment” rather than a market test.
What Happened: In a post on X on Thursday, Black pointed out that the initial deployment of only 10-20 robotaxis in Austin does not constitute a significant market test. “This isn’t really a test market. It’s an experiment,” he wrote.
Black’s comments came in response to Tesla CEO Elon Musk‘s announcement on the company’s Q1 earnings call that the robotaxi launch would be limited in scope.
$TSLA: I’ve argued previously that the Austin robotaxi launch in June is likely to be a non-event, given the asymmetry of risks involved and inability to extend the test to other markets. On …Full story available on Benzinga.com Read Morebenzinga neuro, electric vehicles, Elon Musk, Gary Black, GOOG, GOOGL, mobility, News, robotaxi, TSLA, Markets, Tech, GOOG, US38259P7069, TSLA, US88160R1014, GOOGL, US38259P5089, News, Markets, Tech, Benzinga News
