Tesla stock analysis (TSLA)

The National Highway Traffic Safety Administration is assessing TSLA’s “Advance Driver Assistance System”, marketed as “Full Self-Driving (Supervised)” for safety in reduced visibility conditions. There have been 4 collisions, including 1 fatal collision, where FSD was used within 30 seconds of the crashes.

The skepticism around the highly anticipated robotaxi event fell short on details, resulting its almost 7% drop in shares. Elon Musk revealed plans to begin production on the self-driving taxi CyberCab by 2027 with a price tag under $30000. 

TSLA is hosting its robotaxi event on Thursday evening. This event will reveal the progress of Elon Musk’s company TSLA’s autonomous vehicles and neural networks behind self-driving. TSLA’s Dojo training computer rely on NVDA.