Reported 12 months ago
Despite a tough first half of 2024 for Tesla stock and Elon Musk's legal battles, Wall Street analysts are optimistic about the electric vehicle maker's potential turnaround. Second-quarter deliveries improved compared to expectations, with Tesla reducing inventory and increasing energy storage. Analysts focus on Tesla's Robotaxi and AI initiatives for future growth, with some predicting a potential doubling or tripling of the stock value in the next few years. Tesla shares surged following the positive delivery report, showing signs of recovery.
Source: YAHOO