Tesla's plans of releasing
Full Self-Driving (FSD) technology in
China and Europe have led to a spike in shares, while ongoing speculations around Robotaxi and AI startups create a dynamic market atmosphere. Despite some investors selling their shares, notable personalities like
Jim Cramer recommend purchasing Tesla's stock ahead of the Robitaxi event, which is stirring excitement. Tesla's
FSD is seen as
Elon Musk's 'passion project', while the company's stock is deemed a top auto pick by many analysts, with the call buyer realizing a 30% gain the same day. Yet, Q3 delivery reports and margin pressures present significant variables. Musk refutes claims of the
xAI startup discussing revenue sharing with Tesla. The launch of the FSD in China and Europe is expected in 2025, which is fueling the bull's confidence. Despite losing a long-time finance leader, Tesla continues progress in China, even as European sales slump. Even though Musk's children won't receive Tesla shares, many investors view Tesla as a valuable investment, with Chinese EV sales growth helping boost its market position. Tesla is also reportedly planning a new six-seater variant for the Chinese market.
Tesla TSLA News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sun, 08 Sep 2024 20:39:00 GMT -
Rating 3
- Innovation 4
- Information 5
- Rumor 2
