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.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Could Opening The Tesla Supercharger Network Change The EV Market?The author explores two potential scenarios that could arise if automakers join Tesla's Supercharging network. In one scenario, Tesla sales decline as buyers opt for other EVs with access to the Supercharger network. Alternatively, non-Tesla owners may discover the advantages of Tesla vehicles through their Supercharger experiences, leading to a resurgence in Tesla's market share.
Fonte: cleantechnica - 🏆 565. / 51 Leggi di più »