Reported 4 months ago
Analyst Emmanuel Rosner of Wolfe Research suggests that Tesla's stock is fairly valued and is awaiting significant developments, such as the upcoming robotaxi day on October 10 and advancements in artificial intelligence, to invigorate growth. Currently maintaining a Peer Perform rating, Rosner indicates that existing business fundamentals are plateauing, and without new initiatives, Tesla's stock performance may remain stagnant.
Source: YAHOO