Reported 12 months ago
Bloomberg highlights three major catalysts indicating that the rare calm period of electric car giant Tesla's stock price is about to end, potentially returning to its usual volatile fluctuations in the next six weeks. The factors include the upcoming release of Tesla's second-quarter delivery report on July 2, followed by the financial report in July, and the scheduled introduction of Tesla's self-driving taxi in early August. Analysts anticipate Tesla’s Q2 delivery numbers and profits to continue declining, but the reveal of the self-driving taxi could play a crucial role in demonstrating Tesla's AI capabilities to investors.
Source: YAHOO