Piper Sandler Analyst: Tesla Has Effectively Achieved Level 4 Autonomy

According to Piper Sandler analyst Alexander Potter, Tesla has effectively achieved Level 4 autonomy despite ongoing uncertainty around its Full Self-Driving software. Potter cited the company's FSD subscription rollout, robotaxi service expansion, efforts to secure robotaxi infrastructure permits, and plans to build the Cybercab without a steering wheel or pedals as evidence. Potter added that a drive from Missoula, Montana, to Minneapolis in April further strengthened his conviction on Tesla's autonomous capabilities.
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