Much of the recent news surrounding Tesla has been a mixed bag of positives and negatives. Among the negatives, Tesla's recent tech developments have failed to stop its share slide, and the firm experienced a stock sell-off following an underwhelming robotaxi event. This event led to a 9% drop in Tesla's shares. On the other hand, Tesla's shares also saw an impressive rise following a beat on profit and CEO Elon Musk's prediction of at least a 20% vehicle growth next year. Furthermore, financials seem to be driving a rally in Tesla's stock, and Tesla's strong margins and 2025 guidance led to an over 20% spike in stock prices. The firm has also issued a $499 million bond backed by solar equipment loans. However, the stock ended October down by 6% due to several factors. Going into the coming years, the EV leader is bullish and is projecting a record Q4. Regardless of Tesla's current ups and downs, experts are asserting that the rally is only beginning for Tesla, especially as it sets to have its iPhone moment. Musk seems to project an optimistic outlook about Tesla's future, believing that Tesla still represents the future.
Tesla TSLA News Analytics from Thu, 13 Jun 2024 07:00:00 GMT to Sat, 02 Nov 2024 10:16:43 GMT -
Rating 4
- Innovation 7
- Information 8
- Rumor 0
