Tesla's New Robotaxi-Ready Models Strengthen the Bull Case for the Stock

Core Viewpoint - Tesla's introduction of more affordable vehicle trims equipped with self-driving technology is expected to expand its market reach and support its autonomous driving ambitions [1][2][4]. Group 1: New Vehicle Launches - Tesla has launched "Standard" versions of the Model 3 and Model Y, priced at $36,990 and $39,990 respectively, both capable of driving over 300 miles on a single charge [3]. - These new models come with Tesla's camera-based hardware platform, enabling Full Self-Driving (Supervised) features available via subscription, maintaining the autonomy-ready path for buyers [3][10]. Group 2: Market Impact - The introduction of lower-priced models is anticipated to attract a broader customer base, especially after the expiration of the federal $7,500 electric vehicle tax credit [4]. - The new models are expected to increase the number of vehicles equipped for Tesla's future Robotaxi service, enhancing the potential for revenue generation through a ride-sharing program [2][5]. Group 3: Delivery Performance - Tesla reported a record third-quarter delivery of approximately 497,100 vehicles, marking a more than 7% increase year-over-year [6]. - However, production lagged behind deliveries, with 447,450 units produced, which may impact fourth-quarter delivery numbers [7][8]. Group 4: Future Outlook - While the immediate impact of the new models on Q4 performance is uncertain, they are likely to contribute positively to volume growth in 2026 and support the expansion of Tesla's Robotaxi fleet [10]. - The availability of the new standard models is set for late 2025 to early 2026, indicating a timeline for potential sales growth [9].