TD Cowen reaffirms purchases at Tesla after the launch of the impressive Austin Robotaxi
Tesla, Inc. (NASDAQ:TSLA) rank between Best stocks to buy according to hedge funds. Following the launch of the company’s Robotaxi service in Austin on June 23rd, TD Cowen will be working with Tesla, Inc. We have reaffirmed our purchase rating and price target of $330. According to TD Cowen, the electric car maker’s much-anticipated Robotaxi service launched in Austin on June 22nd. Day one appeared to be on track in several aspects that exceeded expectations, particularly in terms of operational design domains and pickup/drop-off capabilities.
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TD Cowen praised the well-designed user interface for its early-stage ride-sharing deployment, noting that Austin’s Tesla’s first operational area was smaller than the service area of rival Waymo, but larger than expected. On the first day of operation, we did not see any serious safety or vehicle performance issues that TD Cowen described as “pretty impressive” in its first launch.
Austin, Texas, Tesla, Inc. Based in (NASDAQ:TSLA) is the well-known clean energy company best known for its electric vehicles (EVs). In addition to design, production and marketing EVS, Tesla also offers solar panels, solar shavings and energy storage devices.
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read more: 10 Best Magic Formula Stocks of 2025 and Best Retirement Stocks to Buy According to Hedge Funds
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