Tesla Robotaxi Expansion in NYC Sparks Investor Interest Amid TSLA Stock Rebound
Tesla's TSLA stock shows signs of recovery, climbing 1.12% as the company expands its Robotaxi service to New York City. This follows Waymo's summer launch and marks a potential turning point after a 5.6% decline over the past six months. The autonomous vehicle push aligns with Elon Musk's vision of AI-driven transportation.
Ark Invest's Cathie Wood projects massive growth for autonomous taxi networks, estimating an $8-10 trillion revenue potential within 5-10 years. Tesla's recent six-day winning streak, though briefly interrupted, reflects growing market confidence in its AI and mobility initiatives.