These 2 stocks will trade in a volatile fashion during Tesla's robotaxi event

) prepares for its highly anticipated robotaxi event, analysts at RBC Capital expect volatility in the stock prices of ride-sharing giants Uber technology, could lead to market dislocation for these companies, depending on the specifics presented by CEO Elon Musk regarding regulatory approvals, launch timelines, pricing strategies, and liability concerns, according to RBC.

"We see potential for dislocation with the magnitude depending on the depth & detail Tesla's CEO gives around regulatory approval, launch timing, pricing, supply & demand acquisition strategies and liability exposure," the bank wrote. RBC believes such moves might reshape the competitive landscape significantly. The RBC note highlights that various players in the AV ecosystem—OEMs, vehicle owners, and tech providers—stand to benefit from the expansion of the total addressable market .

As the event approaches, the market will likely react to any announcements about Tesla's testing phases for its AV ride-hailing service, which may commence within the next year.

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Fuente: cleantechnica - 🏆 565. / 51 Leer más »