Core Insights - Tesla's CEO Elon Musk emphasized the company's autonomous driving capabilities and its potential for scaling technology, despite retracting a previous commitment regarding the Robotaxi service [1][3] - Musk claimed that Tesla's autonomous driving technology could spread faster than any other technology, referencing a comparison with Alphabet's Waymo [2] - The company is facing an NHTSA investigation into its Full Self-Driving (FSD) technology, which involves at least 2.8 million vehicles [4] Company Developments - Tesla plans to remove onboard safety operators from its Austin Robotaxi by the end of the year, indicating a shift towards greater autonomy [3] - Tesla's Chair Robyn Denholm mentioned the possibility of including a steering wheel and pedals in the upcoming Cybercab to meet safety regulations [5] Performance Metrics - Tesla is noted for strong Momentum and Quality metrics, satisfactory Growth, but poor Value, with a favorable price trend across short, medium, and long-term periods [6]
Elon Musk Touts Tesla's Autonomous Driving Tech Despite Robotaxi Rollback, NHTSA Probe: 'Might Spread Faster Than Any Technology Ever' - Tesla (NASDAQ:TSLA)