Reported about 13 hours ago
Since 2020, Tesla's stock has surged 219%, making it one of the most valuable companies with a market cap of $1.4 trillion. However, the company faces potential sales declines and increased competition in the electric vehicle market over the next few years. While CEO Elon Musk's controversies and a lack of new models may hinder growth, the promising robotaxi division could be a major opportunity. Analysts believe the robotaxi market may significantly boost Tesla's value, indicating that future investments depend on its ability to pivot from being just a vehicle manufacturer to a technology and service provider.
Source: YAHOO