Reported about 10 hours ago
Despite plummeting sales and cautious sentiment on Wall Street, Tesla's retail investors are purchasing shares at an extraordinary pace, contributing $8 billion over 13 consecutive days. This surge comes as CEO Elon Musk's fans remain enthusiastic, undeterred by a 17% drop in stock value. Analysts have lowered profit and sales expectations, citing increased competition and negative brand sentiment, yet some maintain buy ratings, attributing potential growth to advancements in robotics and AI.
Source: YAHOO