Barclays: Robotaxi becomes the core of Tesla's AI strategy, but the inflection point for scaling up has not yet arrived

Glonghui, June 8 — Barclays pointed out in its latest research report that autonomous robotaxis (Robotaxi) are the most critical component of Tesla's AI strategy. The report notes that Tesla currently has three main growth engines: FSD (Full Self-Driving), Robotaxi, and the Optimus humanoid robot. Among them, Optimus has the largest potential market space, but is still in the prototype stage; FSD has already begun generating revenue, but its market space is relatively limited. In comparison, Robotaxi not only has huge potential market space, but has also already begun commercial operations, and is therefore considered by Barclays to be Tesla's most important AI business at present. Barclays gives Tesla an "Equal Weight" rating and a target price of $360.