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Investment bank JPMorgan Chase & Co. on Wednesday said that Tesla Inc. appears to be prioritizing the Cybercab over further scaling its Model Y robotaxi fleet.
Influencer and Tesla investor Sawyer Merritt took to the social media platform X, sharing a note released by JPMorgan following its meeting with the EV giant's management at its Fremont, California, facility. JPMorgan said that Tesla "expressed confidence in its ability to scale Cybercab in the near-term."
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Investment bank JPMorgan Chase & Co. on Wednesday said that Tesla Inc. appears to be prioritizing the Cybercab over further scaling its Model Y robotaxi fleet.
Influencer and Tesla investor Sawyer Merritt took to the social media platform X, sharing a note released by JPMorgan following its meeting with the EV giant's management at its Fremont, California, facility. JPMorgan said that Tesla "expressed confidence in its ability to scale Cybercab in the near-term."
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#finance #investment #model
2 days ago