Tesla stock has seen a marked upheaval in the wake of an announcement stating the commencement of
robotaxi services on
June 12. This has garnered a mixed stand amongst investors, sparking increased sales to keep expectations well-contained and generating an investor rush attributed to the novelty of the robotaxi launch. However, there is increased pressure due to
Elon Musk's disengagement from political affairs as his departure from D.C has signaled a return to his tech-company, spending more time on it despite rumors of drug abuse. Notable bears suggest that the inflated Tesla valuation is unsustainable and that the automaker could become unprofitable. Nonetheless, bullish outperform ratings from firms such
Wedbush, who sees TSLA as a 'pure play on AI', see TSLA reaching a high price target of
$500 in light of the AI and Robotaxi initiative. Musk's renewed commitment to Tesla is seen as a positive signal despite his dissociation from other ventures such as DOGE. The fluctuating dynamics of the Tesla stock has been augmented by a dip in Tesla's EU sales, although Tesla still eyes a $1 trillion valuation with its China deal.
Tesla TSLA News Analytics from Fri, 09 May 2025 07:00:00 GMT to Sun, 01 Jun 2025 00:01:14 GMT -
Rating -4
- Innovation 3
- Information 2
- Rumor -5
