A recent report has revealed that Tesla drivers are feeling the brunt of anti-EV sentiments. The Tesla drivers observed that they tend to be heckled and dangerously cut off in traffic, among others.
Obscene Gestures and Road Rage
In a statement to The Guardian, Paul Albertson, who lives in Beaverton, Oregon, told of some disturbing experiences on the road. According to Albertson, rude drivers tend to roll coal on him or swerve into his lane, something that simply does not happen when he is driving his other cars, like a 2014 Chevrolet Traverse. Most often, the drivers behind these acts are driving large pickup trucks, Albertson said. “Random rude drivers will swerve in my lane to yell at me or turn on a heavy diesel exhaust that blows black smoke,” he said.
Laura Kennedy, who also lives in Pennsylvania, has had similar experiences. “It’s almost always a guy in a pickup truck (who does something). I don’t think I’ve ever been flipped off in my life as much as I have in the past year or so,” Kennedy said. Theresa Ramsdell, who has owned two Teslas since 2016, noted that she’s had some scary experiences on the road as well.
“People cut us off on the freeway, give us the finger, yell at me through the windows. A couple of people have not exactly tried to push me off the road, but drive real close to the side of my car and smile. It’s happened to me twice going at 65 mph, and it’s scary,” Ramsdell said.
Even in California, where Teslas are very common, acts of road rage are reportedly still notable. A 22-year old man told The Guardian that while his Tesla has been one of the best things he’s purchased, he does experience road rage a lot.
“I noticed the road rage within the first week I got it. I’ll just be driving the same speed I had in my old Ford Fusion, but they’ll cut in front of me and drive really slow or prevent me from switching lanes. On city streets, I’ll go the speed limit, and cars leaving parking lots will decide to cut in, making me stomp on the brakes. That’s happened eight times this month,” the Tesla driver said.
Not a New Trend
The experiences of Tesla owners outlined by The Guardian have been happening for some time. Earlier this year, Axios Des Moines reached out to members of the Iowa Tesla Owners Club on social media. The publication received a lot of responses that suggest that Tesla drivers are experiencing a notable degree of aggravation from fellow drivers on the road.
Suzie Stewart of Des Moines shared that during a drive with her son last month, another driver made obscene gestures as they passed. The other driver then tailgated their Tesla without provocation. According to Stewart, she fears for her teenage son’s safety because he drives a Tesla, an ironic statement as Tesla’s electric vehicles consistently rank among the safest cars on the road.
Des Moines-based Uber driver Kyle Volz’s experiences are similar, though he noted that the anti-Tesla harassment becomes especially noticeable during weekends. Volz even noted that he believes one driver tried to run him off the road. Spencer Hall of Norwalk, Iowa, on the other hand, stated that drivers either try to intimidate him or challenge him to races. This happens multiple times a week.
Anti-EV, Anti-Musk
Electric Vehicle Association spokesperson and Tesla owner Marc Geller noted that anti-Tesla sentiments may be changing, and part of it may be due to CEO Elon Musk’s political inclinations. Geller noted that while anti-EV road rage traditionally came from far-right conservatives, Musk’s recent support for right-wing politicians may be causing some knee-jerk reactions from the far left as well.
“There’s an irony here in that Teslas have long been a hate magnet for various reasons. They were the subject of road rage because they represented the environment and were perceived as the vehicular embodiment of that culture war. But now here we are, and some folks on the left are having a knee-jerk reaction because Elon Musk has taken this ominous turn to the political right, so now they’re throwing the same bricks,” Geller said.
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Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
