If Musk says Tesla will launch robotaxis in less than a year, it will be a positive: Gene Munster

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Gene Munster, Deepwater Asset Management, joins 'Closing Bell Overtime' to talk Tesla's upcoming robotaxi event.
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Robotaxis sound exciting, but as an investor, I'm cautious. Tesla's ambitious timelines haven't always played out, and with economic uncertainty, I'm more comfortable sticking to AI stocks like NVIDIA for now.

auboisdaline
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In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

Douglasmurphyy
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aistockadvisor AI fixes this. Gene Munster discusses Tesla robotaxis.

AmberKierraKassidy
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Musk has been promising FSD "next year, " while charging handsomely for it, for over a decade. People still believe him? 🤣🤣🤣

rs
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Guy is trying to keep up. Bless his heart.

motap
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Gene's comment that FSD will only boost revenue by 20% is ludicrous. If it's rolled out at scale, it will generate far more than their car business.

darylfoster
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With around $120k invested in Tesla stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.

beautifulpeopleonearth
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With around £120k invested in tech/TSLA stocks, any suggestions for additionaI stocks to diversify across various markets?? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns..

KentBrono
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Clearly Musk is always right and never just shoots off his mouth.

aroundandround
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Why can’t we just appreciate that someone has the balls to even make a self driving consumer product even possible? I really loathe the female reporter saying two years to wait for a promise does nothing for her; alright go make your own self driving car then if you can’t wait

joshuaalvarez
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1:54 Gene was spot on about his prediction for an autonomy van

nafnaf
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Where’s Cathy Wood with her $1000 price target because of robotaxi

MrRchou
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Needs to be more than 2 seater for families with children .

RonaldTrouten
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I can’t wait to see the design for robotaxi. I think it would look like a combination a model 3 and cyber truck. It would likely be 2 or 4 seater to cut down on weight so it can use a small amount of battery.

rogerfebranjen
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Love these haters that never achieve anything in the comments section. Everything Elon has promised has come to fruition, delays happen. Set some dang goals and see for yourself. The point is that he is changing the world and you are not

powelladventures
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Robotaxis will be here eventually, but I have my suspicions that a Musk-organized event isn't going to signal the beginning.

RWROW
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Elon is always correct on his time frame promises

chri
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Tesla RoboTaxis coming in 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032...

thinking
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From a customer point of view perspective if they keep releasing cheaper cars that looks exactly like the premium versions it will have a negative impact in the luxury segment… I’m already looking to the competitors (BMW, Mercedes, Audi, Porsche, etc) for electric options that not only have better materials but don’t dilute the premium segment…

I’m done driving around looking exactly like everyone else and having zero differentiation.

Crptr
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People always underestimate Musk, but despite delay and delay, he finally delivers. For example: reusable boosters, Starlink...If you tried FSD latest version you would see how much it has improved in just a couple of years.

JaceTran