Tesla's robotaxi roll-out and AI roadmap to steal the show as first-quarter results loom [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
AI progress and autonomous vehicle expansion set to dominate Wednesday's earnings call, says the bank. Tesla Inc's (NASDAQ:TSLA) artificial intelligence ambitions and the early-stage rollout of its robotaxi service will be the central focus when the electric vehicle maker reports its first-quarter 2026 results on Wednesday, according to Wedbush Securities, which maintains an 'outperform' rating and a $600 price target on the stock. Wedbush analyst Dan Ives said the call is expected to provide greater clarity on Tesla's plan to spend approximately $20 billion on AI capital expenditure this year across its Cybercab autonomous vehicle, semi-truck production, and a new mega factory. The robotaxi programme, which has launched in Dallas and Houston as part of a seven-city US rollout, alongside the debut of the Cybercab, is expected to attract the most attention from investors, with bulls and bears divided on how quickly Tesla's AI-driven business model will take shape. Ives also fl
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