Is Tesla About to Finally Launch the Robotaxi Fleet That Will Justify Its Valuation?
CEO Elon Musk has been promoting unsupervised full self-driving for years. Today may be a big step toward that goal.
Overview
Today is a big day for Tesla (NASDAQ:TSLA) and its CEO, Elon Musk. Tesla has scheduled an event in Austin today to share details about its upcoming Cybercab -- a driverless two-seat vehicle whose design it debuted two years ago.
Tesla and Musk have put a lot of effort into the Cybercab, which has no steering wheel or pedals and is designed to operate unsupervised using the company's Full Self-Driving (FSD) technology. Is tonight the day that Tesla finally begins to justify its huge valuation and reward investors who have been hanging on during down cycles?
Image source: The Motley Fool.
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Originally published at www.fool.com.
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