Breaking news!
https://mp.weixin.qq.com/s/Pwj7mZXQFpzpVX98z6LsRg
Elon Musk failed this time; his Cybercab failed to convince investors, and the stock price plummeted by 9%!
As the boss of Tesla, Elon Musk always boasts about making big news. As a result, the Cybercab launched at the "We Robot" conference surprised the investment tycoons.
On October 10, the company wanted to dominate the autonomous driving industry with the two new self-driving cars, Cybercab and Cybervan. As a result, investors did not buy it, the stock price plunged by 9%, and the market value evaporated by 58 billion US dollars in an instant, which was very painful!
Cybercab is priced at 30,000 US dollars, and after autonomous driving, it will be as cheap as taking a bus. As a result, the price may be a bit too high, and traders are worried that Tesla will lose money.
I wanted to show off the latest achievements of FSD technology, but everyone was stunned by the cool designs of Cybercab and Cybervan, but there was no progress in FSD software. Investment analysts were extremely disappointed and said they didn't see any progress.
Looking at competitors, Waymo's Robotaxi is online, and GM's Cruise is also testing FSD in the city. But Cybercab will not be put into production until 2027, and it still has to pass the regulatory test. This makes people worry whether Tesla can still remain competitive in the self-driving taxi market.
Elon Musk is now leading Tesla to transform into artificial intelligence and robots, but investors are worried that the competition on this transformation road is fierce, so don't mess up the brand image and the foundation of the company.
Brother Chuang thinks that Cybercab is both a challenge and an opportunity. Self-driving taxis sound tempting, but they have to overcome the two mountains of regulation and technology first.
