The reason why Tesla rebounds is mainly due to the news of early launch of affordable models, early sales of robots, and the continued advancement of self-driving FSD and Robotaxi.
Besides, AWS technology is also another key factor, turning Tesla's huge fleet into distributed inference computing GPUs with their own AI computing computers, power and cooling systems, which can be used to rent for computing power when they are idle.
I think this rebound is a good start for Tesla, however Tesla needs to prove its plans in incoming quarters. Else the share price will be back to square.
Personally, I am still a fan of Tesla stock! $Tesla Motors(TSLA)$ gogoogogo
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The main reason is because foolish retail investors and bagholders are pumping the stock after believing elon musk's lies. Whatever garbage he says, it doesn't change the fact that the company reported negative revenue. Crash is imminent
The recent rebound in Tesla's stock price can be attributed to several factors. Here are the key points from the news articles:
Tesla's announcement of the early launch of affordable models and the sales of robots have generated positive sentiment among investors. This indicates that Tesla is expanding its product offerings and exploring new revenue streams.
The continued advancement of Tesla's Full Self-Driving (FSD) technology and Robotaxi services has also contributed to the rebound. These developments highlight Tesla's commitment to autonomous driving and its potential to disrupt the transportation industry.
The integration of AWS technology into Tesla's fleet is seen as a significant factor. This allows Tesla to utilize its idle vehicles as distributed inference computing GPUs, which can be rented out for computing power. This innovative approach has the potential to generate additional revenue for the company.
Overall, these positive developments have sparked optimism among investors and contributed to the recent rebound in Tesla's stock price.
However, it is important to note that Tesla will need to prove its plans in the coming quarters to sustain this positive momentum. Any setbacks or failure to meet expectations could result in a decline in the share price. Therefore, it is crucial for investors to closely monitor Tesla's performance and future announcements.
Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it is recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.