01:35 PM EDT, 06/10/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We expect TSLA's launch of an unsupervised robotaxi service later this week to be largely anticlimactic and lacking the fanfare of last October's Robotaxi Day. Initially, we see approximately a dozen driverless Model Y's operating with Full Self-Driving technology in a geofenced area of Austin, Texas, with performance supervised remotely. We think the most important measure will be the number of incidents and interventions recorded by the vehicles in the coming months, and how quickly TSLA can dial back remote supervision and expand beyond the geofenced area to other markets. Observers are likely to highlight that TSLA isn't doing anything Waymo isn't already doing, but we think the key differences lie with the relative cost of each company's autonomous technology, TSLA's current vehicle production capacity (~2.3M units/year), and the number of Teslas on the road that can theoretically be converted to robotaxis via software updates over time. We remain at Hold on valuation and market share-related concerns.