Reported 2 months ago
Tesla has faced challenges this summer, including a decline in demand for electric vehicles and increased competition, resulting in a 16% drop in stock price. Despite these setbacks and a postponed robotaxi unveiling, L&F Investor Services CEO Alexandra Merz remains optimistic about Tesla's future. In a discussion with Yahoo Finance Executive Editor Brian Sozzi, she highlights Musk's potential to leverage his AI ventures to benefit the company, maintaining a bullish outlook on Tesla's stock.
Source: YAHOO