Tesla: Robotaxi Questions Mount

Tesla, Inc.'s robotaxi launch remains underwhelming, with delays, regulatory issues, and only supervised services—not true autonomous robotaxis as promised. Despite a massive robotaxi market opportunity, Tesla's execution lags competitors like Waymo, raising doubts about scaling and regulatory approval. Tesla's core EV business is struggling, with declining sales, market share losses, and legal setbacks further pressuring the stock's lofty valuation at 128x 2026 EPS targets.