Over recent months, Tesla has experienced a significant decline in its share price, sparking widespread discussion among market experts and analysts. Despite the nearly 50% drop in value, the company remains prominently in the spotlight regarding debates over its high valuation. The discourse centers on whether the premium price fully reflects the growth potential through innovative technologies such as artificial intelligence and the promising development of robotaxi services.

The landscape of urban transportation is poised for a seismic shift as companies race to harness the potential of autonomous vehicles. In recent developments, the automotive tech sector is abuzz after Uber Technologies Inc. $UBER CEO Dara Khosrowshahi stated that Tesla Inc. $TSLA under Elon Musk, has chosen not to make Tesla’s eagerly anticipated robotaxis available on the Uber platform. This decision has sparked a conversation about the future of autonomous ride-hailing.