Tesla Stock Rises Ahead of Robotaxi Test Despite Downgrades

Reported 1 day ago

Tesla's stock regained some ground as the company prepares to launch its robotaxi test in Austin on June 12, following significant volatility due to controversy between CEO Elon Musk and former President Trump. After experiencing a nearly 15% drop in value last week, resulting from a clash that raised political concerns, analysts have issued downgrades citing risks but predict potential long-term growth linked to the robotaxi initiative.

Source: YAHOO

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