Tesla: Buy recommendation! – SHAREHOLDER

A few days ago, Tesla boss Elon Musk tried to reconcile analysts and investors and announced the news about the long-awaited robo-taxi.

Musk wants to present this on August 8th. Initially there were no further details. According to previous information, the autonomous vehicle will be based on a new technical platform that will make production more efficient and cost-effective.

Musk has been promising for years that Teslas will soon drive autonomously. Until now, the “autopilot” technology in Tesla’s electric cars is a driving assistance system that requires control and intervention by a human behind the wheel.

Analysts however reacted positively to the Tesla news. Deutsche Bank Research has again recommended buying Tesla shares. Analyst Emmanuel Rosner is awaiting clarification on a change in strategy from the electric car maker, the expert wrote in a research note available on Monday. If the robotics business accelerates without changing the direction or timeline of the Model 2, it could be seen as a positive sign of Tesla’s confidence in its autonomous technology and have a positive impact on annual estimates. However, if the Model 2 is delayed or canceled, he will be concerned about new implementation risks. Analyst price Rosner is $189.

The only question left is whether many Tesla owners would be willing to make their cars available as robo-taxi?

“I think there was a lot of concern in Airbnb. Who would want to rent out their room or house to strangers, and who would just stay with strangers? “Since I know several people who rent out their Teslas on Turo and other platforms like rental cars, I don’t see a problem. any for Tesla owners to allow their car to board the robotaxi fleet,” says futurist Mario Herger SHAREHOLDER. .