Tesla’s robotaxi future sparks more optimism for its stock

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RBC Capital Markets analyst Tom Narayan is feeling more upbeat about Tesla Inc.’s stock as he envisions a future of robotaxis.

Robotaxis could come to make up 70% of Tesla’s TSLA value over time, according to Narayan, who is highly bullish about the potential for Tesla to capitalize financially as driving becomes more autonomous.

“We believe…

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