Tesla (TSLA) stocks have been undergoing a turbulent phase. Sharp decline of the stock has been observed with the stock getting hammered on multiple fronts. While some believe this might be a changeover predicted by CEO
Elon Musk, others attribute the blame to EU sales tanking due to rival offerings and Musk's controversies. However, amidst the stock crash, the company seeks approval to offer
ride-hailing services in California. Concurrently, there's a tug-of-war emerging as Musk deepens his political foray causing concern amongst investors. Substantial
stock purchase/sales by companies including Robeco Schweiz, Mn Services Vermogensbeheer, K.J. Harrison & Partners, and Nwam LLC also grabbed attention. Tesla's market cap falling below the $1T mark and the model's
sales decline in Europe are certainly serious factors to consider, precipitating investor jitters. Regardless of the stock's current state, analysts predict not only recovery but a fall to $210 as well as a rise to $2 trillion. With rivals gaining ground and Tesla's earnings report showing a
29.6% drop, investor sentiment is split.
Tesla TSLA News Analytics from Mon, 10 Feb 2025 08:00:00 GMT to Sat, 01 Mar 2025 23:09:05 GMT -
Rating -8
- Innovation 1
- Information 7
- Rumor -3
