00:00It's Benzinga bringing Wall Street to Main Street.
00:02J.P. Morgan said Tesla appears to be prioritizing the CyberCab
00:06over further expansion of its Model Y robo-taxi fleet.
00:09Sawyer Merritt shared a J.P. Morgan note on X
00:12following the bank's meeting with Tesla Management,
00:14which said the company expressed confidence in its ability
00:18to scale the CyberCab in the near term.
00:21Tesla expressed confidence in its ability to scale CyberCab in the near term
00:24and said additional vehicle types could follow on the same platform.
00:28Management also highlighted full self-driving V15,
00:31describing it as a step change in performance.
00:34Tesla said HW4 hardware can support FSD V15 and unsupervised FSD,
00:39while its AI45 system adds more computing power and memory
00:43for future robo-taxi demands.
00:45Tesla also said commercial sales of its Optimus Gen 3 robot
00:49could begin in the second half of 2027.
00:52Shares slipped $0.095 to $350.82 during overnight trading on Wednesday,
00:59according to data from Benzinga Pro.
01:01For all things money, visit Benzinga.com.
Comments