Reported about 17 hours ago
In light of fluctuating sales in Tesla's electric vehicle segment, CEO Elon Musk remains optimistic about the company's future, especially with the upcoming Optimus humanoid robot, which he describes as an 'infinite money glitch' for businesses. This innovative product could revolutionize productivity, potentially generating $10 trillion in revenue. However, with the company still heavily reliant on EV sales, analysts caution on Tesla's high valuation and suggest waiting for a more favorable stock price before investing.
Source: YAHOO