Why June Will Be a Make-or-Break Month for Tesla
2025 could be the year the autonomous driving revolution takes off in earnest. After all, Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Waymo is currently on the road in several cities, with some analysts concluding that it has already overtaken Lyft in areas of San Francisco where Waymo operates.Meanwhile, Tesla's (NASDAQ: TSLA) autonomous robotaxi service is set to launch next month in Austin, Texas. This will be a huge deal for both Tesla's and Alphabet's shareholders, as many believe Tesla will be the eventual winner in the space. However, the launch will be of absolutely massive importance to Tesla shareholders, as the bulk of Tesla's valuation appears tied to this autonomous robotaxi opportunity.Thus, next month's launch will have huge consequences for Tesla's stock. But will Tesla really dominate this emerging industry?Continue reading
2025 could be the year the autonomous driving revolution takes off in earnest. After all, Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Waymo is currently on the road in several cities, with some analysts concluding that it has already overtaken Lyft in areas of San Francisco where Waymo operates.
Meanwhile, Tesla's (NASDAQ: TSLA) autonomous robotaxi service is set to launch next month in Austin, Texas. This will be a huge deal for both Tesla's and Alphabet's shareholders, as many believe Tesla will be the eventual winner in the space. However, the launch will be of absolutely massive importance to Tesla shareholders, as the bulk of Tesla's valuation appears tied to this autonomous robotaxi opportunity.
Thus, next month's launch will have huge consequences for Tesla's stock. But will Tesla really dominate this emerging industry?
