Tesla’s Robotaxi Launch Nears but is it Truly Driverless-Ready?

From Nasdaq: 2025-05-14 09:23:00

  1. Tesla is set to launch its robotaxi service next month, powered by Full Self-Driving software. Safety concerns arise as NHTSA investigates Tesla’s FSD system performance and readiness for unsupervised driving. Tesla must prove its autonomous cars can navigate public roads safely without a driver by June 19.
  2. Competitors like Alphabet and Baidu have already made headway in the robotaxi space. Alphabet’s Waymo dominates with commercial services in four U.S. cities, while Baidu’s Apollo Go operates in China and plans to expand to Europe. Tesla faces tough competition in the autonomous vehicle market.
  3. Tesla’s stock performance has declined 17% this year, with a high forward price-to-sales ratio and a Zacks Value Score of F. Analysts’ earnings estimates for Tesla have decreased recently, leading to a Zacks Rank #5 (Strong Sell) rating. Investors are cautious about Tesla’s valuation and future growth prospects.
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