Name: What’s Behind Tesla Stock’s (NASDAQ:TSLA) Surge, And Is It Justified?
Uploaded: 2024-07-05T03:55:56-04:00
Duration: 5 min
Description: Tesla (NASDAQ:TSLA) stock has gained in recent weeks after beating delivery expectations in the second quarter. The Elon Musk-run company has seen its shares rise 40.9% over the past 30 days and now trades with some enormous valuation multiples. I’m still neutral on Tesla, as I appreciate that Robotaxi and robotics could be game-changing for […]

Tag: NASDAQTSLA

What’s Behind Tesla Stock’s (NASDAQ:TSLA) Surge, And Is It Justified?

Tesla (NASDAQ:TSLA) stock has gained in recent weeks after beating delivery expectations in the second quarter. The Elon Musk-run company has seen its shares rise 40.9% over the past 30 days and now trades with some enormous valuation multiples. I’m still neutral on Tesla, as I appreciate that Robotaxi and robotics could be game-changing for […]

Will Tesla Stock (NASDAQ:TSLA) Tread Water Until the Robotaxi Unveiling?

I’m bearish on Tesla (NASDAQ:TSLA), and I can’t help but think that Elon Musk’s announcement regarding the unveiling of a Robotaxi on August 8 is something of a distraction. So, why would Musk be distracting us? Well, vehicle sales are slowing, margins are falling, and Tesla’s dominance in the electric vehicle (EV) segment is over. […]