Analysts were reportedly 'wowed' by a recent demo of Tesla's robotaxi service in Austin, Texas, ahead of its planned public launch in September. William Blair analyst Jed Dorsheimer reiterated a 'Market Perform' rating on the stock following the demo.
Dorsheimer's main takeaway was experiencing 'a glimpse of the future,' suggesting that the demonstration provided compelling evidence of the robotaxi's capabilities. This positive feedback is crucial for building investor confidence.
The successful demo validates Tesla's progress in autonomous driving technology and reinforces the company's long-term vision for robotaxis. This could generate further excitement as the September public launch approaches.
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