Tesla, robotaxi and Stock
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The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,
Elon Musk decided to swing a wrecking ball through his alliance with President Donald Trump — and the company’s share price. Now investors are looking for a win that can help repair the brand damage and shift Tesla back into growth mode.
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Piper Sandler analyst Alexander Potter sees more gains ahead for Tesla stock if the robotaxi launch goes smoothly.
Elon Musk also said starting June 28, Tesla vehicles will drive themselves to a customer's house from the end of the factory line.
Tesla shares rallied for a fourth straight session as the spat between CEO Elon Musk and President Donald Trump showed signs of a cooldown.
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Specifically, Musk wants to parlay Tesla's automobile business into a full-fledged robotaxi operation. The prospects of Tesla disrupting ride-hailing, delivery services, and even