Tesla (TSLA) has seen its stock drop this past month, even with CEO Elon Musk announcing a coming expansion for Tesla's autonomous Robotaxi service, aimed at launch in Arizona. The annual shareholders< meeting has been delayed until November triggering confusion and demands for a set AGM date. Tesla's standing as a leading AI company is unaffected by these events with commentators like Jim Cramer labeling the company as a juggernaut in the field of humanoid tech. However, this potential is threatened with Musk's recent decision to enter politics, prompting a $68 billion drop in Tesla's value. Undeterred by shifts in stock value, venture capitalist Cathie Wood continues to support Tesla with substantial investment. Tesla also faces an uphill battle with declining sales in China, despite a refresh of its Model Y and record discounts. The company's entry into the Indian market and plans to deploy its Robotaxi service within San Francisco could spell new opportunities. Musk's political endeavors have led analysts and investors to question the stability of Tesla's stock. Tesla is expected to set shareholder meeting in November after investor pressure on governance.
Tesla TSLA News Analytics from Wed, 18 Jun 2025 07:00:00 GMT to Sat, 12 Jul 2025 18:45:00 GMT -
Rating -3.5
- Innovation 1.5
- Information 0.5
- Rumor -4.0
