Tesla Shares Slip 0.8% After Robotaxi Rally as Morgan Stanley Projects 30,000 Fleet
TSLA•Tesla shares fell 0.8% overnight following a 6.7% gain after the company launched its robotaxi service in Miami. Morgan Stanley reiterated an overweight rating and forecasts a 30,000-vehicle robotaxi fleet by 2030 to drive long-term growth.
1. Overnight Stock Movement
Tesla shares slipped 0.8% overnight after surging 6.7% in the prior session, reflecting profit-taking following the company’s major product rollout in Miami.
2. Miami Robotaxi Service Launch
Tesla debuted its robotaxi service in Miami, marking its third market deployment after Arizona and Texas and showcasing progress on its autonomous ride-sharing strategy.
3. Morgan Stanley Forecast and Rating
Morgan Stanley reiterated its overweight rating on Tesla, projecting a 30,000-vehicle robotaxi fleet by 2030 as a key driver of future revenue and market valuation.
