U.S. Attorney General Pam Bondi on Tuesday condemned recent violent attacks on Tesla property, adding the Department of Justice has already charged several perpetrators.
Tesla, Inc.'s stock has dropped 43% this year, largely due to Elon Musk's political stance alienating the customer base. Musk's political views and time constraints raise questions about his leadership and Tesla's ability to compete with Chinese EVs. Despite declining sales and rising competition, TSLA stock's historical valuation levels suggest a buying opportunity at current prices.
Tesla received a permit Tuesday from the California Public Utilities Commission to operate a transportation service in the state, the beginning of a long regulatory road that could eventually lead to the company getting the OK to operate a robotaxi service there.
Tesla has been granted the first in a series of approvals from California that would be required for the electric car maker to eventually launch a promised robotaxi service in the state, according to a state regulator.
It's been another bad week for Tesla shares so far. After closing down again yesterday, as of the time of this writing, TSLA shares are down over 5% in early morning trading on Tuesday.
Tesla, Inc.'s stock is oversold due to temporary European sales drops, ignoring long-term fundamentals and future growth catalysts like the New Model Y and Robotaxis. Despite a recent 50% stock price drop, Tesla remains strong with a pristine balance sheet and resilient global demand, especially in the US and China. Growth catalysts include the New Model Y launch, potential Robotaxi service, and increasing energy storage deployment, supporting optimism for 2025.
Tesla's stock is down 44% year-to-date amid sales woes and CEO Elon Musk's involvement in DOGE. Inside Tesla, however, workers say they're unbothered by the carmaker's stock price.
Ross Gerber, Gerber Kawasaki Wealth and Investment Management co-founder, president and CEO, says he's not buying Tesla on the dip and Elon Musk should appoint a new CEO. Speaking on "Bloomberg The Close," Gerber also comments on Meta, saying it is a good stock to own.
Matt Tuttle doesn't believe in a Trump put, though he does believe in a Trump put on Tesla (TSLA). He isn't expecting the stock to see a catalyst in the short term but notes its autonomous driving prospects as bullish for the company.
Tesla, Inc.'s forward P/E ratio and DCF analysis indicate significant upside potential, with a fair share price target of $473. Affordable vehicle model appears to be the only missing part of the robotaxi puzzle, which Tesla plans to unlock this year. Competition from Chinese EV manufacturers and Waymo in the robotaxi industry pose long-term risks, but TSLA's innovation remains a key strength.
One of Tesla's earliest investors has told Sky News Elon Musk should step aside as its chief executive unless he gives up his new government job.
Kevin Hincks looks at 2 members of the Mag 7 in today's Daily Trader. For Tesla (TSLA), he demonstrates an example backratio trading strategy.