AdvertisementThe stakes are high heading into Tesla's Robotaxi Day on Thursday night in California.
AdvertisementAs is typical, Musk's promise that the robotaxi business was taking shape offset a major earnings miss and helped juice Tesla's languishing stock price.
Spak wrote.
With all this in mind, Jonas isn't sure Musk can live up to investors' high expectations.
Advertisement"Tesla's future valuation is highly dependent on its ability to develop, manufacture, and commercialize autonomous technologies," Jonas wrote.
Persons:
—, Elon Musk, Tesla's Uber, Musk, Joseph Spak, Spak, didn't, Tesla, Morgan Stanley, Adam Jonas, Jonas, Tesla's FSD, there's, Jonas isn't
Organizations:
Service, Investors, Tesla, UBS, Hertz, California Department of Motor Vehicles
Locations:
Tesla's, California, Robotaxi, Los Angeles