Reported about 8 hours ago
Ahead of Tesla's robotaxi event, Guggenheim Securities' Ronald Jewsikow expresses concerns about the company's ability to meet high investor expectations, predicting that the event may lead to a 'sell the news' reaction. He believes Tesla's stock, currently valued at high multiples, lacks a credible path to robotaxi commercialization in the near term and warns of potential market over-optimism regarding new models overshadowing existing sales.
Source: YAHOO