The recent event hosted by Elon Musk showcased several prototypes of Tesla's upcoming products, including the "Cybercab" and "Robovan." However, investors were left underwhelmed due to a lack of specific timelines for their release. As a result, Tesla's stock price dropped significantly.
Despite this setback, analysts remain optimistic about Tesla's long-term prospects. Canaccord Genuity analyst Chris McNally maintained a Hold rating on the company and set a price target of $195.00. Additionally, some experts believe that Tesla is poised to become a $3 trillion company in the near future.
The event also highlighted the challenges faced by electric vehicle manufacturers as they compete with established players like Ford and General Motors. However, startups such as Rivian Automotive are adapting to these changes by implementing aggressive price cuts on their models.
Tesla's struggles have led to a decline in its market capitalization of over $60 billion. The company is now facing increased scrutiny from investors and analysts who question the viability of its robotaxi service. As a result, CEO Elon Musk has seen his net worth fall by $15 billion following the disappointing event.
15-Oct-2024 8:31 AM CST - Investing Tesla: Is Stock a Buy or a Falling Knife? Stocks Analysis by MarketBeat.com (Jeffrey Neal Johnson) covering: Tesla Inc. Read MarketBeat.com (Jeffrey Neal Johnson)'s latest article on Investing.com
15-Oct-2024 8:00 AM CST - 24/7 Wall St. Tesla on Track to Become a $3 Trillion Company, Says Analyst Tesla (NASDAQ:TSLA) stock drove over a rather steep single-day cliff, sinking close to 9%, as the long-awaited Robotaxi Day failed to impress. Undoubtedly, expectations and hype for the Cybercab, Tesla's robotaxi offering,
15-Oct-2024 7:32 AM CST - MSN Elon Musk loses $15 billion in net worth after Tesla's Robotaxi event Tesla unveiled the Cybercab and Robovan prototypes at the 'We, Robot' event in Los Angeles, but the lack of specific timelines disappointed investors, resulting in a 9% stock drop. CEO Elon Musk's net worth fell by $15 billion.
15-Oct-2024 6:43 AM CST - MSN Elon Musk's net worth fell $15 billion after his Tesla Cybercab reveal Tesla should be riding high right now, the electric car maker just unveiled the autonomous car that it has been promising for years, reinvented the bus and pledged to bring humanoid robots to market for the low,
14-Oct-2024 8:15 PM CST - The Motley Fool Tesla Stock Slides as Its Robotaxi Event Disappoints. Time to Buy or Bail? Tesla's (NASDAQ: TSLA) highly publicized robotaxi event failed to impress investors, who sent its shares tumbling following the presentation. The stock had rallied over the past quarter in anticipation of the event,
14-Oct-2024 6:13 PM CST - MSN Struggling Tesla rival's new CEO is making a risky bet to sell EVs Running a car company is tough, but selling EVs that compete head-to-head against Tesla is another challenging feat. Despite Tesla's woes, which include CEO Elon Musk's misguided foray into robotaxis and robots and his rising unpopularity with Tesla's core market due to his political undertakings,
14-Oct-2024 4:53 PM CST - Benzinga Tesla (NASDAQ:TSLA) Stock Quotes, Forecast and News Summary Tesla To Reveal Robotaxi At Event Near Los Angeles: CEO Elon Musk Hints It Could Be A 2-Seater EV giant Tesla is all set to unveil its dedicated robotaxi product late on Thursday at an event in ...
Latest TSLA Trades by Congress Members
3-SEP-2024 - Marjorie Taylor Mrs Greene, GA (District 14) purchased between $1,001 and $15,000.
The recent event hosted by Elon Musk showcased several prototypes of Tesla's upcoming products, including the "Cybercab" and "Robovan." However, investors were left underwhelmed due to a lack of specific timelines for their release. As a result, Tesla's stock price dropped significantly.
Despite this setback, analysts remain optimistic about Tesla's long-term prospects. Canaccord Genuity analyst Chris McNally maintained a Hold rating on the company and set a price target of $195.00. Additionally, some experts believe that Tesla is poised to become a $3 trillion company in the near future.
The event also highlighted the challenges faced by electric vehicle manufacturers as they compete with established players like Ford and General Motors. However, startups such as Rivian Automotive are adapting to these changes by implementing aggressive price cuts on their models.
Tesla's struggles have led to a decline in its market capitalization of over $60 billion. The company is now facing increased scrutiny from investors and analysts who question the viability of its robotaxi service. As a result, CEO Elon Musk has seen his net worth fall by $15 billion following the disappointing event.
15-Oct-2024 8:31 AM CST - Investing Tesla: Is Stock a Buy or a Falling Knife? Stocks Analysis by MarketBeat.com (Jeffrey Neal Johnson) covering: Tesla Inc. Read MarketBeat.com (Jeffrey Neal Johnson)'s latest article on Investing.com
15-Oct-2024 8:00 AM CST - 24/7 Wall St. Tesla on Track to Become a $3 Trillion Company, Says Analyst Tesla (NASDAQ:TSLA) stock drove over a rather steep single-day cliff, sinking close to 9%, as the long-awaited Robotaxi Day failed to impress. Undoubtedly, expectations and hype for the Cybercab, Tesla's robotaxi offering,
15-Oct-2024 7:32 AM CST - MSN Elon Musk loses $15 billion in net worth after Tesla's Robotaxi event Tesla unveiled the Cybercab and Robovan prototypes at the 'We, Robot' event in Los Angeles, but the lack of specific timelines disappointed investors, resulting in a 9% stock drop. CEO Elon Musk's net worth fell by $15 billion.
15-Oct-2024 6:43 AM CST - MSN Elon Musk's net worth fell $15 billion after his Tesla Cybercab reveal Tesla should be riding high right now, the electric car maker just unveiled the autonomous car that it has been promising for years, reinvented the bus and pledged to bring humanoid robots to market for the low,
14-Oct-2024 8:15 PM CST - The Motley Fool Tesla Stock Slides as Its Robotaxi Event Disappoints. Time to Buy or Bail? Tesla's (NASDAQ: TSLA) highly publicized robotaxi event failed to impress investors, who sent its shares tumbling following the presentation. The stock had rallied over the past quarter in anticipation of the event,
14-Oct-2024 6:13 PM CST - MSN Struggling Tesla rival's new CEO is making a risky bet to sell EVs Running a car company is tough, but selling EVs that compete head-to-head against Tesla is another challenging feat. Despite Tesla's woes, which include CEO Elon Musk's misguided foray into robotaxis and robots and his rising unpopularity with Tesla's core market due to his political undertakings,
14-Oct-2024 4:53 PM CST - Benzinga Tesla (NASDAQ:TSLA) Stock Quotes, Forecast and News Summary Tesla To Reveal Robotaxi At Event Near Los Angeles: CEO Elon Musk Hints It Could Be A 2-Seater EV giant Tesla is all set to unveil its dedicated robotaxi product late on Thursday at an event in ...
