Tesla ( NASDAQ:TSLA ) stock surged to a new all-time high of $498.83 in December, driven by optimism around its artificial intelligence (AI), robotics, and energy initiatives.
Our multi-faceted evaluation indicates that it might be an appropriate moment to divest from TSLA stock. In general, we hold a negative outlook on the stock, and a price target of $300 seems plausible.
CEO Elon Musk said Tesla will only sell its FSD as a $99 monthly subscription, removing the ability to buy the service outright. The move has financial and strategic benefits.
Tesla is removing the option to pay a one-time fee for its Full Self-Driving (Supervised) driver assistance software, CEO Elon Musk announced Wednesday. Going forward, the only way to access the feature will be through a monthly subscription
Elon Musk wants the world to view Tesla Inc. (NASDAQ: TSLA) as a robotics and artificial intelligence company.
Elon Musk said Tesla will make FSD subscription-only and remove the option to buy it outright. Tesla is struggling to get owners to pay for the assisted driving tech.
The electric-vehicle maker currently offers the advanced driver assistance features for a one-time payment of $8,000 or a subscription of $99 a month in the U.S.
Tesla CEO Elon Musk said on Wednesday that the electric vehicle maker's full self-driving (FSD) software will only be available as a monthly subscription after February 14.
Tesla launches Model Y Standard Long Range RWD in Europe pairing long range, efficiency and lower pricing.
Tesla leads the US electric vehicle market with a 59% share, after the end of federal incentives. Ford, Rivian, and General Motors struggle with low EV market share and profitability issues.
On the surface, shares of Elon Musk's EV titan Tesla (NASDAQ:TSLA) look quite expensive, especially after gaining more than 41% in the past six months.
Tesla Inc. (NASDAQ: TSLA) stock has been up and down over the past year.