Market Insight : Baidu Challenges Tesla: Apollo Go Robotaxi Targets European Expansion Amid Rising Competition
Market Insight : Baidu Challenges Tesla: Apollo Go Robotaxi Targets European Expansion Amid Rising Competition Market Insight : Baidu Challenges Tesla: Apollo Go Robotaxi Targets European Expansion Amid Rising Competition Company Overview Baidu Inc. (NASDAQ: BIDU ), a Beijing-based internet titan, is aggressively expanding its autonomous vehicle services with the Apollo Go robotaxi. Leveraging cutting-edge self-driving technology, Baidu is negotiating to introduce its robotaxi service into European markets including a potential launch in Turkey. Meanwhile, Tesla Inc. (NASDAQ: TSLA ) remains a significant competitor in the autonomous and electric vehicle space, witnessing active market and analyst attention amidst rising competition. Technical Indicator Breakdown and Analysis (as of 2025-05-15) EMA12: 301.087345 - The 12-day Exponential Moving Average indicating the short-term trend is currently at 301.09, suggesting recent upward price momentum. ( EMA ) EMA26: 2...