<p>➀ Tesla's Robotaxi trial in Austin highlights potential technological limitations rather than showcasing advancement, with safety drivers still required despite claims of 'Full Self-Driving' at ADAS Level 2; </p><p>➁ Analysts note 60% of Tesla's $1 trillion valuation hinges on autonomous driving, yet it trails Waymo (valued at $45B) which operates fully autonomous fleets in multiple cities; </p><p>➂ The trial may aim to mitigate stock risks amid scrutiny from regulators and doubts about Tesla's ability to deliver Level 5 autonomy.</p>