Closing Bell Closing Bell: Weighing AI Risk 5/20/25
May 20, 2025
Bryn Talkington, a CNBC contributor and Tesla shareholder, shares invaluable insights on Tesla's performance and future. She discusses the company's cautious approach to launching its robo-taxi network and the strategic rollout of full self-driving technology. With competition from rivals like BYD in China, Bryn highlights Tesla's innovative leadership as a key to long-term growth. She also delves into market movements and investment strategies amidst economic uncertainties, emphasizing the importance of understanding both current trends and future potentials.
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Tesla's RoboTaxi and Autonomy Plans
- Tesla plans to launch a RoboTaxi network in Austin next month within a geofenced area.
- Elon Musk envisions hundreds of thousands of Teslas with full self-driving capability by year-end next year.
Tesla's Full Self-Driving Vision
- Tesla aims to achieve level four autonomy, allowing drivers to not pay attention while driving.
- Current Tesla owner adoption and payment for the full self-driving software remain uncertain.
Tesla's Future Tied to Autonomy
- Elon Musk's return as Tesla CEO signals a focus on autonomy and robotics as future growth drivers.
- Investors are optimistic about Tesla's potential trillion-dollar valuation tied to autonomous technology.