CNBC's Phil LeBeau and Steve Kovach join 'Power Lunch' to discuss Tesla's big event tonight and Elon Musk's political support.
Tesla Inc TSLA CEO Elon Musk has dreamed for years of having vehicles that don't require a driver and can take a passenger from one place to another. On Thursday, Musk's vision could be realized with the likely unveiling of the Tesla Robotaxi.
Tom Narayan, RBC Capital Markets global autos analyst, joins CNBC's 'The Exchange' to discuss why he's bullish on Tesla's robotaxi in the longterm, expectations for how the stock will react to tonight's robotaxi event, and more.
Tesla's dominant position in EVs, AI, and robotics, coupled with perpetual innovation, positions it for rapid sales and profitability growth in coming years. Technical indicators suggest a substantial breakout above $300, supported by favorable fundamentals and a constructive inverse head and shoulder pattern. The upcoming potential $25,000 compact EV and robotaxi fleet could significantly boost Tesla's market share and profitability, driving future stock price appreciation.
A look at Tesla's product announcement and launch history is important context for having the right expectations.
Investors hope for at least a robotaxi prototype at Tesla's much-waited ‘We, Robot.'
Alonso Munoz believes tonight's robotaxi reveal will "steal the show." It can be a turning point not just for Tesla (TSLA), but for autonomous driving.
Tesla on Thursday said it would give 500 of its temporary workers at a German gigafactory near Berlin permanent jobs from Nov. 1.
Dan Ives, Wedbush Securities managing director, joins CNBC's 'Squawk on the Street' to discuss Tesla's upcoming Robotaxi event, the impact the Robotaxi could have on Uber and Waymo, and more.
Elon Musk has said that the vehicle will add trillions to Tesla's stock market value and that those who don't believe him should sell their shares.
Tesla's (NASDAQ: TSLA) Robotaxi Day, titled ‘We, Robot' is just hours away at press time.
High interest rates have helped this company tremendously. Will the opposite happen now that rates are coming down?