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[Cybercab is about to be officially launched. Morgan Stanley believes this release is crucial] September 3rd, Tesla will officially release its self-driving taxi Cybercab on Thursday, local time. This release is expected to mark a major breakthrough for Tesla in this business to catch up with its competitor Waymo. Morgan Stanley analyst Andrew Percoco pointed out on Wednesday that Cybercab's launch will be more important than previous product demonstrations. The business accounts for $120 of Tesla's stock price target of $400, so it is very important.
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