Tesla Officially Launches the Cybercab -- 2 Things Investors Need to Know
Tesla's Cybercab event positions the company for robotaxi growth.
Overview
Tesla (NASDAQ:TSLA) is on a roll when it comes to market-moving announcements.
Last month, the EV maker announced the sale of 500 Tesla Semis to Swedish transportation company Einride AB (NASDAQ:ENRD), essentially tripling the truck's lifetime volumes. The move signaled strength not only for Tesla's emerging trucking platform, but also for its autonomous driving technology, which has the potential to address a growing labor shortage for trucking companies.
Details
On Sept. 3, an even bigger catalyst for Tesla's self-driving ambitions was revealed: the official launch of the company's long-awaited Cybercab.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.