From Nasdaq: 2025-04-27 03:50:00

Tesla (NASDAQ: TSLA) reported poor first-quarter financial results with declines in deliveries, revenue, operating margin, and earnings, losing market share in key regions. Despite this, CEO Elon Musk shared positive news about launching a robotaxi service in Austin by June, aiming for a dominant market position.

Experts predict the trillion-dollar potential of the autonomous ride-sharing market, with cost efficiencies from AI software and robotaxis driving growth. Tesla and Waymo are competing for market leadership, with Tesla’s data advantage and scalable technology positioning it to potentially dominate the market.

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Read more at Nasdaq: Tesla Stock Investors: Elon Musk Expects 99% Market Share in This Trillion-Dollar Industry