Tesla Robotaxi commercial introduction ‘could be late 2025 or 2026’: Morgan Stanley

Tesla Robotaxi unveiling will take place next week on October 10 in Los Angeles at the company’s “We, Robot” event. Morgan Stanley analyst Adam Jonas has a clear-cut timeline of when the firm believes the Robotaxi will roll out.

Jonas notes that Morgan Stanley believes there is an anxiety around investors, especially with the topic of autonomous vehicles.

Tesla Robotaxi unveiling set for new date: October 10

However, Tesla investors, who are bullish on the prospect of the company solving autonomy and being the first to operate a fully driverless ride-hailing suite, might not share that same sentiment.

Anyone who has been around the Tesla community for any length of time believes the automaker has the best and most robust self-driving suite around.

Tesla $25k car, not Robotaxi, is bigger influence on stock, analyst says

Anyone with reservations could have their beliefs clarified with Tesla’s 10/10 event.

New $TSLA note from Adam Jonas:

“Most expect that attendees will be shown (and given rides in) a ‘cybercab’ on a closed course. Potential initial commercial introduction could be late 2025 or 2026. It is our expectation that Tesla will offer a ‘dual’ approach with respect to… pic.twitter.com/FXVsPQHYgY

— Sawyer Merritt (@SawyerMerritt) October 2, 2024

“Most expect that attendees will be shown (and given rides in) a ‘cybercab’ on a closed course,” Jonas wrote, only hammering home the expectation that Tesla will likely demonstrate its self-driving capabilities in the new car, which will have no driver and will present a completely new revenue stream.

However, when this will truly become a reality is a whole new question. It’s great to display this tech on a closed course and give investors an image of what they can expect when things will be rolled out.

But there has to be execution on Tesla’s end with the Robotaxi platform. Of course, it is great that they will display some portions of the tech that they have developed through neural network training.

Bringing the Robotaxi to market, producing and selling the vehicle, and then ramping up its Robotaxi ride-hailing app will all be things that will be anticipated by investors after the event.

Jonas continues:

“It is our expectation that Tesla will offer a ‘dual’ approach with respect to autonomous ridesharing: (1) the fully autonomous app-based cybercab and (2) a ‘supervised’ autonomous/FSD rideshare service. We think the latter of these may get the most attention or have the greatest room to surprise investors, at least near term. In fact, we think the vast majority of rides and miles traveled in our Tesla Mobility model through 2030 and into the early 2030s will fall into the FSD/supervised rideshare category where the vehicles are owned by individual drivers or 3rd party fleets.”

Expectations are truly high for next week’s event. How Tesla manages to handle the hype and if it can live up to what has been said and what is expected will be seen on October 10.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

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