Market sent ‘mixed signals’ after Tesla Robotaxi updates, says Guggenheim

Guggenheim notes that Tesla (TSLA) CEO Elon Musk detailed important updates around both the Robotaxi operations in Austin as well as the upcoming FSD model, now confirmed as v14, in a series of posts to X over the weekend. Tesla shares “somewhat paradoxically” rallied on the news, but so did the autonomy sensitive ride-hailing names like Uber (UBER) and Lyft (LYFT), which historically have been sensitive to Tesla autonomy, in what the firm calls “mixed signals from the market.” Guggenheim keeps a Sell rating and $175 price target on Tesla shares.

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