After testing Tesla’s (TSLA) robotaxi service in Austin, Texas for a full day, JPMorgan’s head of global automotive research Jose Asumendi says the experience was “certainly solid and felt like a safe ride at all times.” The future of Tesla’s robotaxi ride and others operating in the field will be the traffic and accident-free data, the analyst tells investors in a research note. JPMorgan also believes robotaxis could boost the pricing power of new car sales.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- QQQ ETF News, 7/22/2025
- Tesla (TSLA) Is About to Report Q2 Earnings. Here’s What to Expect
- Tesla Regulatory Credit Risk Is ‘Overblown,’ Says Piper Sandler Ahead of Q2 Print
- ‘Don’t Ignore This Warning,’ Top Analyst Trims Tesla’s (TSLA) Q2 Sales Estimate by 13%
- PLTR, TSLA, NVDA- Daniel Ives Expects ‘Very Strong 2Q Tech Earnings Season’