Tesla's US registrations have seen a 16% decline in April, however the company is seeing an unexpected rise in stock, notwithstanding increasing uncertainties and a controversial price target from
Wells Fargo. The forthcoming
Robotaxi launch is stirring a notable buzz and the anticipation could potentially impact the stock market. However, the company’s latest Model S upgrades showed no impact on the company’s stock, which has been struggling despite this release. The company recently faced issues with declining deliveries, political battles, and being blacklisted by the
Swedish pension fund AP7. Additionally, Tesla's sales in China are plunging, signaling more challenges to come. But, despite the dark clouds,
Elon Musk's hint at the imminent launch of Robotaxi service and
ARK Invest’s Cathie Wood revealing a bullish price target for Tesla stock in five years, fuelled by the Robotaxi platform, indicates potential upturn. Acknowledging this, some analysts see more upside for Tesla notwithstanding the evident risks. Moreover, new guidelines might boost Tesla's advanced technology in China.
Tesla TSLA News Analytics from Fri, 09 May 2025 07:00:00 GMT to Sat, 14 Jun 2025 19:22:42 GMT -
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- Innovation 7
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- Rumor -8
