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The Street
  • 4 months ago
The EV-maker launched its first fleet in Austin, Texas.
Transcript
00:00Tesla's long-awaited robo-taxis hit the roads in Austin on Sunday.
00:04Early riders got a discounted rate, a flat fee of $4.20 for their driverless rides.
00:11The EV maker started small with its invitation-only launch.
00:14The cars operated in a limited geo-fenced area, with Tesla safety monitors in the front
00:19passenger seat as an added layer of protection.
00:23Based on Guggenheim's analysis, the day was filled with almost entirely clean driving
00:27performance.
00:28However, they remain bearish on Tesla stock, with a sell rating and a $175 price target.
00:34Meanwhile, Wall Street's biggest Tesla bull, Dan Ives of Wedbush, said the AI future at
00:39Tesla is worth $1 trillion to the valuation alone over the next few years.
00:44Following his robo-taxi rides, he wrote, the golden age begins and reiterated his $500 price
00:50target.
00:51Tesla shares are riding high in early Monday trading, although they're still down more
00:55than 10 percent so far this year.
00:58That'll do it for your daily briefing.
01:00From the New York Stock Exchange, I'm Caroline Woods with The Street.
01:02Hi, comme vous, I'm Caroline Woods with The Street Typekit.
01:08I'm going to pick you up and say, can you read something and I'll take a closer look at this
01:08clip and say, can you read something here?
01:10I'll be right back.
01:12Tell you about it in this clip, which is your favorite activity today.
01:12Give me the picture here.
01:13I'll add something for you.
01:14I thought you would better pay them to get up.
01:15I'm going to like, can you do it too?
01:16If I, I'm going to check it out.
01:17I'm going to check it out.
01:18I'm going to check it out.
01:19I'm going to check it out.
01:19I'm going to procreess the thing.
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