Tesla Seeks Ride-Hailing Access at Bay Area Airports: Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 09 2025
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Source: Benzinga
Tesla's Ride-Hailing Expansion: Tesla is seeking to expand its ride-hailing services in California by approaching major airports in the Bay Area for pickup and drop-off access, which would enhance its presence in a lucrative travel market.
Regulatory Challenges: The company faces regulatory hurdles, needing specific DMV and CPUC authorizations for autonomous rides, complicating CEO Elon Musk's ambitions for a large robotaxi fleet amidst competition from other companies like Waymo.
Analyst Views on TESL
Wall Street analysts forecast TESL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TESL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 16.360
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Current: 16.360
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
