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Tesla offered limited details on the robotaxi plan, says Goldman Sachs

Goldman Sachs keeps a Neutral rating on Tesla with a $230 price target after attending the company’s robotaxi event. The company demonstrated “very strong progress” with the Optimus humanoid robot, and the Cybercab looked attractive, but the lack of data shared on full self driving performance, relatively limited details on the robotaxi business plan, and absence of a lower-cost consumer vehicle unveil “may be disappointing for some market participants and lead the stock to pull back after the recent run,” the analyst tells investors in a research note

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