$Tesla Motors(TSLA)$ While Tesla's Robotaxi news is exciting, betting on a straight path to $300 might be premature. Here's the other side:
Regulatory Uncertainty: Full approval for fully autonomous taxis could take years, not months. Different states and countries have strict and inconsistent rules. This delay would push revenue expectations further out.
Execution Risks: FSD has seen delays before. Perfecting full autonomy is incredibly complex, and any missteps or accidents could severely damage Tesla’s credibility.
Valuation Concerns: Even today, Tesla is priced for perfection. Adding Robotaxi revenue is exciting, but if timelines slip, the stock could face serious multiple compression before any gains happen.
Competition is Rising: Companies like Waymo, Cruise, and even Chinese players are aggressively expanding. Tesla won’t be alone in the autonomous race.
Robotaxi could eventually boost Tesla, but the path is full of landmines. $300 might happen — but not as fast or smoothly as bulls hope.
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