tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

‘Tiny car’ initiative could benefit Tesla, Ouster, says Cantor Fitzgerald

President Trump announced approval for U.S. manufacturing of low-cost “tiny cars,” priced roughly $8K-$13K and expected to include both ICE and EV models, with production to follow DOT safety testing and guidance, Cantor Fitzgerald analyst Andres Sheppard tells investors in a research note. The administration is also considering an executive order to boost the domestic robotics sector, which could accelerate U.S. deployment of autonomous delivery robots and humanoids and benefit companies such as Tesla(TSLA), Ouster (OUST), and Serve Robotics (SERV), the firm says.

Claim 50% Off TipRanks Premium and Invest with Confidence

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1