Tesla Inc. (NASDAQ:TSLA) and CEO Elon Musk were in the news again this week as investor Ross Gerber expressed skepticism about the EV giant’s Full Self-Driving (FSD) capabilities and Musk touted the automaker’s high American content. Here’s a look at some of the major headlines.
Ross Gerber Expresses Skepticism on Tesla’s FSD Capabilities
Gerber voiced his doubts about Tesla’s ability to provide unsupervised FSD with the existing HW4 chip. Gerber’s skepticism was fueled by an investor note from JPMorgan Chase & Co. (NYSE:JPM) that provided insight into Tesla’s self-driving roadmap and a new iteration of the FSD system.
Tesla Prioritizes Cybercab Over Model Y Robotaxi Fleet
According to JPMorgan, Tesla was prioritizing scaling the Cybercab instead of expanding its Model Y robotaxi fleet as the EV maker was confident in its ability to scale the Cybercab. The investment bank also hinted at possible future models based on the Cybercab platform.
Gary Black Compares Tesla Bulls to College Students Doing ‘Tequila Shots’
Gary Black from The Future Fund LLC issued a warning to overoptimistic Tesla influencers on social media, comparing them to college students downing tequila shots.
Elon Musk Touts Made in America
Musk, touting Tesla’s “Made in America” strategy, said that the company not only assembled its vehicles in the U.S., but also sourced parts from American suppliers, while also outlining the cars’ 84% American content as President Donald Trump‘s tariffs shake up the auto industry.
Einride to Deploy 500 Tesla Semis
Einride AB (NASDAQ:ENRD) announced plans to deploy 500 Tesla Semis on its Saga AI platform for Amazon.com Inc. (NASDAQ:AMZN) and other customers, aiming to convert signed contracts into revenue-generating freight capacity.
Tesla Prepares to Launch Cybercab Robotaxi in Austin
Tesla is also reportedly gearing up to launch its purpose-built Cybercab robotaxi in Austin, Texas, potentially as early as this month as it looks to expand its Robotaxi network and compete against Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo.
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