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Tesla: Disastrous Robotaxi Checkup
2026-04-28 · via All Articles on Seeking Alpha

Summary

  • Tesla faces significant delays and setbacks in scaling its robotaxi business, with only 19 vehicles operating across three Texas cities.
  • TSLA's robotaxi ambitions are undermined by hardware limitations, needed software improvements, and competitive threats from Avride and Waymo.
  • Capital spending is set to surge to $25 billion, targeting robotaxis, humanoid robots, and AI chips, despite unproven returns and execution risk.
  • I maintain an ultra-bearish rating on TSLA due to overhyped prospects, execution shortfalls, and a valuation far exceeding domestic peers.
  • Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street. Learn More »
Tesla Signage at Delivery Front Entrance

baileystock/iStock Editorial via Getty Images

In no real surprise here, Tesla, Inc. (TSLA) again pushed back the dream of a large robotaxi rollout. CEO Elon Musk even further dampened the plans for turning existing Tesla EVs into personal

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