Tesla: Robotaxi Hype Might Not Turn It Around

seekingalpha06-20

I previously warned about the possibility of Tesla, Inc. stock falling to re-test the $150 support level.Tesla stock fell toward the $140 zone but bottomed soon after. Is the decline over?Shareholders...

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Comments

  • Randomppl
    06-21
    Randomppl
    It's 8/8 because the robotaxi release is going to be in china. 8 is a lucky number for the Chinese 
  • Dr Rck
    06-20
    Dr Rck
    Think the next quarterly report will show a dip in the overall health of TSLA but as usual his fans would like to see how his plan turns out on 8/8. And I don't think it will be allowed to drop even if deliveries are far off. EM just need to say something like 'it is going well...' will propel the share upward! His influence is tremendous regardless. 
  • Guavaxf30
    06-20
    Guavaxf30
    I share the same sentiment.  Previously Elon Musk touted the huge rewards from Cybertruck, and before that the Charging Networks and the Roadsters. Also the flat-trucks. The only one that actually went into commercial production is the Cybertruck. The others are still developing or stopped.  So now, he is talking up Robotaxi and Optimal. And also saying Tesla is not an EV company. if Tesla only source of revenue is EV, how is it not an EV company? 
  • Emotional Investor
    06-20
    Emotional Investor
    Nuts mate, a lot to take in with your post, and I for one agree with everything you are saying. All I would add is self driving and robo taxis, needs serious work to not only move beyond a poor approval, but also get approval... serious government approval needed but where is the information on what Tesla Is actually doing to gain said approval.  The second point I'd make is yes. Elon has everything to gain from his new salary package. But what has he got to loose if it all goes pair shaped, just saying 
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