Reported about 13 hours ago
Tesla, Inc. (TSLA) has reported a 20% decline in Q1 auto revenues, marking its lowest performance since 2021. Despite facing challenges such as rising electricity costs and emissions concerns, Tesla remains optimistic about its long-term vision in AI and robotics. As it works towards full self-driving technology and the development of humanoid robots, the company encourages investors to look beyond short-term setbacks. Morgan Stanley has reiterated its 'Overweight' rating on the stock, emphasizing the potential for future growth driven by AI advancements.
Source: YAHOO