Tesla latest: The 'inevitable' SpaceX merger, Robotaxi's Miami launch, & more
Yahoo Finance ·
Tesla latest: The 'inevitable' SpaceX merger, Robotaxi's Miami launch, & more Yahoo Finance Video and Josh Lipton Wed, July 8, 2026 at 8:00 AM EDT TSLA SPCX Barron's associate editor Al Root takes a closer look at Tesla's ( TSLA ) Robotaxi expansion, potential SpaceX ( SPCX ) merger, robotics business, and more. Robo taxi launch in Miami. What do you think of that? So again, it's great, right? So we we launched uh we uh Tesla launched the robust taxi service in July. You know, he was going to be at 50% of the US population by the end of 20 uh five. Missed that a little bit. They're in three states and about five cities. That's good. They're still much smaller than Waymo. You know, now we'll talk about uh, you know, uh significant Robo taxi earnings in 2027, not 2026. So the so the goal posts always move out, but it's progress. So if you're a bull, you're like, it's all happening. It's it's just and then if you're a bear, you're like, come on, there's like 60 Robo taxis. Is the robot story out? Is that as just as important, maybe even more so than the Robo taxi? How do you weigh these? So we if we stick with SpaceX, like SpaceX has two businesses, orbital AI and and uh and Starlink. Starlink is a business that works. orbital AI is future with that tam. How much is, you know, how much are we allocating of that two trillion? I don't know. With with Tesla, you have robots and Robo taxis. Robo taxis are here. I like my FSD, it drives me to work without me paying much attention. Of course, I pay attention to all uh legal officers watching this. Um, and then you have robots, which is like, you know, it's going to be the largest industry in human history according to Elon Musk. So how much of Tesla's 2 trillion is robots and how much is Robo taxis? It's tough. If you want to put it in your terms, that narrative of all of these applications are coming, that's the most important thing. RBC just raised their price target on Tesla. I don't know if you saw this. They go to 500 on a potential SpaceX combination is what they're telling clients. What do you think? Is that is that combination inevitable? I'm in I'm in print. I think it's going to happen. I think it's 12 to 18 months away. I I am throwing my hat in that camp. They're working on chips. Uh, they're working on AI applications that will run on Tesla idle Teslas. Um, you know, Tesla's all about AI. Uh, they own a small stake in SpaceX. SpaceX is obviously about AI. They're both ultimately owned and controlled by Elon Musk. So I do think it's inevitable. I joke just so Elon only has one conference call to do instead of two every quarter. Um, but yeah, I I think it makes a lot of sense. There's a lot of chatter about this on the street. You can find you can you can throw a rock and hit 12 analysts that think it'll happen.
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