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Tesla AI Shift Focus
Description
Wedbush's Dan Ives and Requisite Capital's Bryn Talkington said Tesla's future value hinges on scaling autonomous driving, robotaxis, and robotics. Tesla beat Q1 EPS estimates with 41 cents per share but missed revenue expectations. Automotive revenue rose 16% to $16.23B, robotaxi paid miles nearly doubled, and FSD subscriptions reached 1.28M. Shares fell 2.93% to $376.16 in premarket trading.
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