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Tesla's Robotaxi Day Could Be Good News for Google Stock -- Barrons.com
Tesla investors are hoping for something big for the company on Thursday, but its highly anticipated Robotaxi Day will affect more than the electric-vehicle maker's shares.Tesla stakeholders will gather in Hollywood to hear management talk about autonomous-driving technology. Wall Street expects Tesla to unveil a physical robotaxi, maybe providing some driverless rides on a Hollywood lot; review the state of Tesla's self-driving tech, including safety data; describe its planned robotaxi business model; and give some indication of when a Tesla robotaxi might be on roads.Some analysts are hoping for something extra, such as the unveiling of a lower-priced Tesla car, typically referred to as the Model 2.A look at the numbers shows how important this is for the company and the auto industry. Americans drove about 3.2 trillion miles in 2023. If technology can do the driving instead, it would unlock hours of time previously spent with eyes on the road and hundreds of billions in revenue for
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