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Tesla's valuation could soar by $150B thanks to robo-taxis, RBC says

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Tesla's valuation could soar by another $150 billion thanks to the rise of the robo-taxi, RBC says

's market capitalization could soar by over $150 billion thanks to a looming surge in demand for robo-taxis, according to RBC Capital Markets.

The Canadian bank lifted its price target for Tesla's stock to $305 – over 19% above the $255.90 shares traded at as of Thursday's close.

 

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