Tesla Analysts Are Skeptical of Bold Autonomy Plans Ahead of Results
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Tesla Inc. and its Chief Executive Elon Musk made some bold claims at the company’s investor day on Monday, but Wall Street analysts are far from convinced.
Musk said Tesla is now making the best self-driving chip in the world, speaking during a discussion that largely focused on the electric vehicle maker’s plan for autonomous vehicle technology. He noted the company would have self-driving cars on the road next year -- without any humans inside -- operating in a so-called robo-taxi fleet. The CEO also asserted Tesla will be producing 10,000 Model S, X and 3s per week by the end of the year.