Tesla (TSLA) is set to open showrooms in India in July. The company has sent out early access invites for its controversial Robotaxi service that has sparked calls for a delay due to various reasons, including safety concerns. In the meantime, the automaker has faced litigation in France over CEO Elon Musk's alleged far-right political positioning. With shares being bought, sold and dumped, there are fresh predictions on the company's stock prices. However, Wedbush believes that the company's market cap could reach $2T.
They're also juggling inventory challenges, as they are reportedly sitting on a surplus of stock sizeable enough to require additional parking lots throughout U.S. Additionally, Tesla has raised the prices of upgraded Model S and X by $5,000 in the U.S. Meanwhile, Morgan Stanley stands bullish on the company's strength in AI and Robotics while Sweden's largest fund has chosen to blacklist the company.
Delays seem to plague Tesla, with the Cybertruck production line in the Austin Factory shutting down and the Gigafactory Texas pausing production twice in a span of two months. Despite such hurdles, some believe this is the 'Golden Era' for Tesla and a great time for investing in the company's stocks. However, dampening this positivity is a looming fear of a hardware bottleneck making the company's stock a sell. While all this plays out, Tesla has reportedly set up its first grid-scale battery station in China, allegedly the largest of its kind.
Tesla TSLA News Analytics from Wed, 23 Apr 2025 07:00:00 GMT to Sat, 21 Jun 2025 22:57:57 GMT - Rating 5 - Innovation 2 - Information 9 - Rumor -3
