The past few weeks have seen a flurry of activities, primarily centered around Tesla (TSLA). Surprisingly, an insider buy occurred, but was almost immediately followed by a $32 million sale by the board chair. While there’s ongoing debate on whether Tesla stock is a better buy than XPeng's (XPEV), Elon Musk's interconnected businesses have troubled some. In fact, concerns led to murmurs of potential CEO replacement talks within Tesla’s board. These replacements rumors have been vehemently denied by both Musk and the Board's Chair.
Meanwhile, Tesla has seen a drop in auto revenues by 20% and sales continue to crash in Europe, despite launching the new Model Y. Amid this turmoil, Musk is focusing on robotaxis, projecting that they will be a significant revenue source next year. Questions on its valuation have been raised, with some stating the stock’s value is still ‘incredibly rich’ despite challenges. Regardless, bullish predictions suggest the stock could double in 3 years. CEO Musk’s political role has raised eyebrows and potential backlash while lawsuits over misleading Full Self-Driving claims have also come to light. Amid all this, retail investors continue to pour into Tesla, viewing turmoil as an opportune time to invest.
Tesla TSLA News Analytics from Thu, 10 Apr 2025 07:00:00 GMT to Sat, 03 May 2025 19:47:01 GMT - Rating -3 - Innovation 8 - Information 6 - Rumor -4
