Tesla’s stock price and market cap are down considerably this year, on the back of slightly drooping sales , rumors of the more affordable Tesla being canceled, and a slow Cybertruck ramp-up. Tesla Full Self Driving has improved greatly with version 12, but there are still broad concerns that it is far from robotaxi capability . Nonetheless, there is still a lot of faith in Tesla’s continued growth, in Tesla AI, in Tesla robotics, and in Tesla in general — especially on Wall Street.
One of the stock stories of the past decade is how much TSLA ran up and up and up the stock charts. As it did so, the arguments above were made in different forms, and we published perspectives on these matters repeatedly while tracking Tesla’s rise. So, these points are nothing new, but there’s now a bit more of a question of where Tesla sales are going.
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Source: CNBC - 🏆 12. / 72 Read more »