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S&P 500 Gains and Losses Today: Robotaxi Drives Tesla Surge, Supermicro Stock Drops

1. Tesla shares jumped 8.2% following autonomous robotaxi launch in Texas. 2. Elon Musk plans rapid expansion of robotaxi fleet by end of 2026. 3. Wedbush analyst predicts potential market cap doubling driven by robotaxi services. 4. S&P 500 COVID rally was buoyed by major tech stocks' performance. 5. Iran's retaliation scenario for U.S. airstrikes adds geopolitical uncertainty.

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FAQ

Why Very Bullish?

Tesla's robotaxi service launch positions the company for significant growth. Historical examples show similar innovation boosts, such as the Model 3 launch.

How important is it?

The autonomous vehicle sector is poised for exponential growth, making TSLA a key player. Recent performance trends indicate a positive reaction to advancements in this area.

Why Long Term?

The successful rollout of autonomous vehicles will take time, but the long-term market potential is substantial. The market may react positively as milestones are achieved.

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