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Tesla's Autonomous Future: Shares Surge on Robotaxi Progress
Published 1 week, 3 days ago
Description
Teslas Q1 profit surges, beating expectations with a 17% increase to $477 million. Automotive sales rise 16%, indicating a stabilizing core EV business. Elon Musks vision of self-driving taxis and home robots gains traction, with robotaxi miles doubling and Cybercabs production underway. Shares jump 4% after hours, reflecting investor confidence in Teslas pivot towards autonomy.
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