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Tesla Shares Surge on Robotaxi Update and Improving EV Sales Trends
Tesla Shares Surge on Robotaxi Update and Improving EV Sales Trends
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BTCCSquare news:
Tesla shares ROSE nearly 4% as CEO Elon Musk announced an upcoming open-access rollout for its robotaxi fleet, signaling accelerated progress in autonomous driving technology. The company's Model Y wait times have extended from 1-3 weeks to 4-6 weeks, potentially indicating demand recovery after two quarters of declining EV sales.
Federal tax credit expiration may artificially inflate current order volume, but Musk's revelation of "eerily human" AI breakthroughs in Austin-based Model Y vehicles suggests tangible advancements. Tesla's geofenced robotaxi pilots in Austin and San Francisco—remotely monitored by humans—appear to be transitioning toward broader commercialization.
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