Tesla's Stock Price Just Plunged. Is Now the Time to Invest?

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Tesla's Stock Price Just Plunged. Is Now the Time to Invest?

Motley Fool04-21

Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the ...

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Dr Rck
·04-21
So it will take quite a while to see solid growth for robotaxi after Aug 8 if proven to be successful.
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FGP
·04-21
Gameover
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大蟒
·04-21
Are you joking?
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ramius75
·04-21
No. It's going to plunge further.
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Dr Rck
·04-21
Think better to wait for the next two quarters before other product lines start picking up or if TSLA offers FSD for free:)
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The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&P 500 is near an all-time high.So is it a good idea to buy Tesla on the dip? Let's take a look at where the company is today before we answer that question.Image source: Tesla.Tesla in transitionEver since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like General Motors and Ford.However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn't yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.Down 37% this year, is Tesla a buy?With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it's struggling.Tesla's robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.Autonomous vehicles were predicted to go mainstream several years ago, but that didn't happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.However, Tesla isn't the only company working on self-driving technology. Alphabet's Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. General Motors' Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[{"id":297712016105640,"gmtCreate":1713712284008,"gmtModify":1713712288070,"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"So it will take quite a while to see solid growth for robotaxi after&nbsp;Aug 8 if proven to be successful.","listText":"So it will take quite a while to see solid growth for robotaxi after&nbsp;Aug 8 if proven to be successful.","text":"So it will take quite a while to see solid growth for robotaxi after Aug 8 if proven to be successful.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297712016105640","repostId":2428622714,"repostType":2,"repost":{"id":"2428622714","pubTimestamp":1713661200,"share":"https://www.laohu8.com/m/news/2428622714?lang=&edition=full","pubTime":"2024-04-21 09:00","market":"us","language":"en","title":"Tesla's Stock Price Just Plunged. Is Now the Time to Invest?","url":"https://stock-news.laohu8.com/highlight/detail?id=2428622714","media":"Motley Fool","summary":"Tesla's having a rough year. Is it a buying opportunity or a warning sign?","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla is facing a number of challenges, including falling deliveries and profits.</p></li><li><p>The company just said it was laying off more than 10% of its workforce.</p></li><li><p>CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.</p></li></ul><p>After soaring through 2023, <strong>Tesla</strong>&#39;s fortunes have suddenly changed in 2024.</p><p>The EV stock was the worst-performing stock on the <strong>S&amp;P 500 </strong>in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.</p><p>The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&amp;P 500 is near an all-time high.</p><p>So is it a good idea to buy Tesla on the dip? Let&#39;s take a look at where the company is today before we answer that question.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e1f183d2da6094a52c83e265bc1f2be\" alt=\"Image source: Tesla.\" title=\"Image source: Tesla.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Tesla.</span></p><h2 id=\"id_880604921\">Tesla in transition</h2><p>Ever since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like <strong>General Motors </strong>and <strong>Ford</strong>.</p><p>However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn&#39;t yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.</p><p>Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.</p><p>Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.</p><h2 id=\"id_4176236142\">Down 37% this year, is Tesla a buy?</h2><p>With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.</p><p>CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it&#39;s struggling.</p><p>Tesla&#39;s robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.</p><p>Autonomous vehicles were predicted to go mainstream several years ago, but that didn&#39;t happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.</p><p>However, Tesla isn&#39;t the only company working on self-driving technology. <strong>Alphabet</strong>&#39;s Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. <strong>General Motors</strong>&#39; Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.</p><p>Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.</p><p>A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.</p><p>In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Stock Price Just Plunged. Is Now the Time to Invest?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Stock Price Just Plunged. Is Now the Time to Invest?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-21 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4548":"巴美列捷福持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","TSLA":"特斯拉","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4592":"伊斯兰概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","LU1548497426.USD":"安联环球人工智能AT Acc","BK4534":"瑞士信贷持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4551":"寇图资本持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4574":"无人驾驶","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2428622714","content_text":"Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.After soaring through 2023, Tesla's fortunes have suddenly changed in 2024.The EV stock was the worst-performing stock on the S&P 500 in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&P 500 is near an all-time high.So is it a good idea to buy Tesla on the dip? Let's take a look at where the company is today before we answer that question.Image source: Tesla.Tesla in transitionEver since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like General Motors and Ford.However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn't yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.Down 37% this year, is Tesla a buy?With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it's struggling.Tesla's robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.Autonomous vehicles were predicted to go mainstream several years ago, but that didn't happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.However, Tesla isn't the only company working on self-driving technology. Alphabet's Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. General Motors' Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":297647636762888,"gmtCreate":1713696566879,"gmtModify":1713696571971,"author":{"id":"3584079457608282","authorId":"3584079457608282","name":"FGP","avatar":"https://community-static.tradeup.com/news/4f96275867e9fcc09f90747c0edcd143","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":9,"crmLevelSwitch":1},"htmlText":"Gameover","listText":"Gameover","text":"Gameover","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297647636762888","repostId":2428622714,"repostType":4,"repost":{"id":"2428622714","pubTimestamp":1713661200,"share":"https://www.laohu8.com/m/news/2428622714?lang=&edition=full","pubTime":"2024-04-21 09:00","market":"us","language":"en","title":"Tesla's Stock Price Just Plunged. Is Now the Time to Invest?","url":"https://stock-news.laohu8.com/highlight/detail?id=2428622714","media":"Motley Fool","summary":"Tesla's having a rough year. Is it a buying opportunity or a warning sign?","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla is facing a number of challenges, including falling deliveries and profits.</p></li><li><p>The company just said it was laying off more than 10% of its workforce.</p></li><li><p>CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.</p></li></ul><p>After soaring through 2023, <strong>Tesla</strong>&#39;s fortunes have suddenly changed in 2024.</p><p>The EV stock was the worst-performing stock on the <strong>S&amp;P 500 </strong>in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.</p><p>The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&amp;P 500 is near an all-time high.</p><p>So is it a good idea to buy Tesla on the dip? Let&#39;s take a look at where the company is today before we answer that question.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e1f183d2da6094a52c83e265bc1f2be\" alt=\"Image source: Tesla.\" title=\"Image source: Tesla.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Tesla.</span></p><h2 id=\"id_880604921\">Tesla in transition</h2><p>Ever since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like <strong>General Motors </strong>and <strong>Ford</strong>.</p><p>However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn&#39;t yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.</p><p>Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.</p><p>Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.</p><h2 id=\"id_4176236142\">Down 37% this year, is Tesla a buy?</h2><p>With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.</p><p>CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it&#39;s struggling.</p><p>Tesla&#39;s robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.</p><p>Autonomous vehicles were predicted to go mainstream several years ago, but that didn&#39;t happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.</p><p>However, Tesla isn&#39;t the only company working on self-driving technology. <strong>Alphabet</strong>&#39;s Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. <strong>General Motors</strong>&#39; Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.</p><p>Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.</p><p>A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.</p><p>In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Stock Price Just Plunged. 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Is Now the Time to Invest?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-21 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4548":"巴美列捷福持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","TSLA":"特斯拉","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4592":"伊斯兰概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","LU1548497426.USD":"安联环球人工智能AT Acc","BK4534":"瑞士信贷持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4551":"寇图资本持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4574":"无人驾驶","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2428622714","content_text":"Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.After soaring through 2023, Tesla's fortunes have suddenly changed in 2024.The EV stock was the worst-performing stock on the S&P 500 in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&P 500 is near an all-time high.So is it a good idea to buy Tesla on the dip? Let's take a look at where the company is today before we answer that question.Image source: Tesla.Tesla in transitionEver since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like General Motors and Ford.However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn't yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.Down 37% this year, is Tesla a buy?With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it's struggling.Tesla's robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.Autonomous vehicles were predicted to go mainstream several years ago, but that didn't happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.However, Tesla isn't the only company working on self-driving technology. Alphabet's Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. General Motors' Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":297640868200536,"gmtCreate":1713694913443,"gmtModify":1713694918334,"author":{"id":"3555664469386585","authorId":"3555664469386585","name":"大蟒","avatar":"https://static.tigerbbs.com/2f43219efea6fadaa1c500f3bd8eeaca","vip":1,"crmLevel":8,"crmLevelSwitch":1},"htmlText":"Are you joking?","listText":"Are you joking?","text":"Are you joking?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297640868200536","repostId":2428622714,"repostType":2,"repost":{"id":"2428622714","pubTimestamp":1713661200,"share":"https://www.laohu8.com/m/news/2428622714?lang=&edition=full","pubTime":"2024-04-21 09:00","market":"us","language":"en","title":"Tesla's Stock Price Just Plunged. Is Now the Time to Invest?","url":"https://stock-news.laohu8.com/highlight/detail?id=2428622714","media":"Motley Fool","summary":"Tesla's having a rough year. Is it a buying opportunity or a warning sign?","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla is facing a number of challenges, including falling deliveries and profits.</p></li><li><p>The company just said it was laying off more than 10% of its workforce.</p></li><li><p>CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.</p></li></ul><p>After soaring through 2023, <strong>Tesla</strong>&#39;s fortunes have suddenly changed in 2024.</p><p>The EV stock was the worst-performing stock on the <strong>S&amp;P 500 </strong>in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.</p><p>The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&amp;P 500 is near an all-time high.</p><p>So is it a good idea to buy Tesla on the dip? Let&#39;s take a look at where the company is today before we answer that question.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e1f183d2da6094a52c83e265bc1f2be\" alt=\"Image source: Tesla.\" title=\"Image source: Tesla.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Tesla.</span></p><h2 id=\"id_880604921\">Tesla in transition</h2><p>Ever since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like <strong>General Motors </strong>and <strong>Ford</strong>.</p><p>However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn&#39;t yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.</p><p>Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.</p><p>Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.</p><h2 id=\"id_4176236142\">Down 37% this year, is Tesla a buy?</h2><p>With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.</p><p>CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it&#39;s struggling.</p><p>Tesla&#39;s robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.</p><p>Autonomous vehicles were predicted to go mainstream several years ago, but that didn&#39;t happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.</p><p>However, Tesla isn&#39;t the only company working on self-driving technology. <strong>Alphabet</strong>&#39;s Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. <strong>General Motors</strong>&#39; Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.</p><p>Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.</p><p>A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.</p><p>In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Stock Price Just Plunged. Is Now the Time to Invest?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Stock Price Just Plunged. Is Now the Time to Invest?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-21 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4548":"巴美列捷福持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","TSLA":"特斯拉","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4592":"伊斯兰概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","LU1548497426.USD":"安联环球人工智能AT Acc","BK4534":"瑞士信贷持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4551":"寇图资本持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4574":"无人驾驶","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2428622714","content_text":"Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.After soaring through 2023, Tesla's fortunes have suddenly changed in 2024.The EV stock was the worst-performing stock on the S&P 500 in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&P 500 is near an all-time high.So is it a good idea to buy Tesla on the dip? Let's take a look at where the company is today before we answer that question.Image source: Tesla.Tesla in transitionEver since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like General Motors and Ford.However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn't yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.Down 37% this year, is Tesla a buy?With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it's struggling.Tesla's robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.Autonomous vehicles were predicted to go mainstream several years ago, but that didn't happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.However, Tesla isn't the only company working on self-driving technology. Alphabet's Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. General Motors' Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":297635294765192,"gmtCreate":1713693644102,"gmtModify":1713693647736,"author":{"id":"3586470645934044","authorId":"3586470645934044","name":"ramius75","avatar":"https://community-static.tradeup.com/news/c4c299991e47de2cfc27ff1e679cc5ee","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1},"htmlText":"No. It's going to plunge further.&nbsp;","listText":"No. It's going to plunge further.&nbsp;","text":"No. It's going to plunge further.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297635294765192","repostId":2428622714,"repostType":2,"repost":{"id":"2428622714","pubTimestamp":1713661200,"share":"https://www.laohu8.com/m/news/2428622714?lang=&edition=full","pubTime":"2024-04-21 09:00","market":"us","language":"en","title":"Tesla's Stock Price Just Plunged. Is Now the Time to Invest?","url":"https://stock-news.laohu8.com/highlight/detail?id=2428622714","media":"Motley Fool","summary":"Tesla's having a rough year. Is it a buying opportunity or a warning sign?","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla is facing a number of challenges, including falling deliveries and profits.</p></li><li><p>The company just said it was laying off more than 10% of its workforce.</p></li><li><p>CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.</p></li></ul><p>After soaring through 2023, <strong>Tesla</strong>&#39;s fortunes have suddenly changed in 2024.</p><p>The EV stock was the worst-performing stock on the <strong>S&amp;P 500 </strong>in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.</p><p>The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&amp;P 500 is near an all-time high.</p><p>So is it a good idea to buy Tesla on the dip? Let&#39;s take a look at where the company is today before we answer that question.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e1f183d2da6094a52c83e265bc1f2be\" alt=\"Image source: Tesla.\" title=\"Image source: Tesla.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Tesla.</span></p><h2 id=\"id_880604921\">Tesla in transition</h2><p>Ever since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like <strong>General Motors </strong>and <strong>Ford</strong>.</p><p>However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn&#39;t yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.</p><p>Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.</p><p>Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.</p><h2 id=\"id_4176236142\">Down 37% this year, is Tesla a buy?</h2><p>With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.</p><p>CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it&#39;s struggling.</p><p>Tesla&#39;s robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.</p><p>Autonomous vehicles were predicted to go mainstream several years ago, but that didn&#39;t happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.</p><p>However, Tesla isn&#39;t the only company working on self-driving technology. <strong>Alphabet</strong>&#39;s Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. <strong>General Motors</strong>&#39; Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.</p><p>Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.</p><p>A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.</p><p>In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Stock Price Just Plunged. Is Now the Time to Invest?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Stock Price Just Plunged. Is Now the Time to Invest?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-21 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4548":"巴美列捷福持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","TSLA":"特斯拉","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4592":"伊斯兰概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","LU1548497426.USD":"安联环球人工智能AT Acc","BK4534":"瑞士信贷持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4551":"寇图资本持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4574":"无人驾驶","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2428622714","content_text":"Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.After soaring through 2023, Tesla's fortunes have suddenly changed in 2024.The EV stock was the worst-performing stock on the S&P 500 in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&P 500 is near an all-time high.So is it a good idea to buy Tesla on the dip? Let's take a look at where the company is today before we answer that question.Image source: Tesla.Tesla in transitionEver since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like General Motors and Ford.However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn't yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.Down 37% this year, is Tesla a buy?With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it's struggling.Tesla's robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.Autonomous vehicles were predicted to go mainstream several years ago, but that didn't happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.However, Tesla isn't the only company working on self-driving technology. Alphabet's Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. General Motors' Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":297578737123608,"gmtCreate":1713679838320,"gmtModify":1713679844158,"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Think better to wait for the next two quarters before other product lines start picking up or if TSLA offers FSD for free:)","listText":"Think better to wait for the next two quarters before other product lines start picking up or if TSLA offers FSD for free:)","text":"Think better to wait for the next two quarters before other product lines start picking up or if TSLA offers FSD for free:)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/297578737123608","repostId":2428622714,"repostType":2,"repost":{"id":"2428622714","pubTimestamp":1713661200,"share":"https://www.laohu8.com/m/news/2428622714?lang=&edition=full","pubTime":"2024-04-21 09:00","market":"us","language":"en","title":"Tesla's Stock Price Just Plunged. Is Now the Time to Invest?","url":"https://stock-news.laohu8.com/highlight/detail?id=2428622714","media":"Motley Fool","summary":"Tesla's having a rough year. Is it a buying opportunity or a warning sign?","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla is facing a number of challenges, including falling deliveries and profits.</p></li><li><p>The company just said it was laying off more than 10% of its workforce.</p></li><li><p>CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.</p></li></ul><p>After soaring through 2023, <strong>Tesla</strong>&#39;s fortunes have suddenly changed in 2024.</p><p>The EV stock was the worst-performing stock on the <strong>S&amp;P 500 </strong>in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.</p><p>The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&amp;P 500 is near an all-time high.</p><p>So is it a good idea to buy Tesla on the dip? Let&#39;s take a look at where the company is today before we answer that question.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e1f183d2da6094a52c83e265bc1f2be\" alt=\"Image source: Tesla.\" title=\"Image source: Tesla.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Tesla.</span></p><h2 id=\"id_880604921\">Tesla in transition</h2><p>Ever since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like <strong>General Motors </strong>and <strong>Ford</strong>.</p><p>However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn&#39;t yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.</p><p>Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.</p><p>Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.</p><h2 id=\"id_4176236142\">Down 37% this year, is Tesla a buy?</h2><p>With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.</p><p>CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it&#39;s struggling.</p><p>Tesla&#39;s robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.</p><p>Autonomous vehicles were predicted to go mainstream several years ago, but that didn&#39;t happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.</p><p>However, Tesla isn&#39;t the only company working on self-driving technology. <strong>Alphabet</strong>&#39;s Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. <strong>General Motors</strong>&#39; Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.</p><p>Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.</p><p>A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.</p><p>In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Stock Price Just Plunged. Is Now the Time to Invest?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla's Stock Price Just Plunged. Is Now the Time to Invest?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-21 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4548":"巴美列捷福持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","TSLA":"特斯拉","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4592":"伊斯兰概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","LU1548497426.USD":"安联环球人工智能AT Acc","BK4534":"瑞士信贷持仓","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4551":"寇图资本持仓","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4574":"无人驾驶","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2024/04/20/teslas-stock-price-just-plunged-is-now-the-time-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2428622714","content_text":"Tesla is facing a number of challenges, including falling deliveries and profits.The company just said it was laying off more than 10% of its workforce.CEO Elon Musk said the company would unveil the robotaxi on Aug. 8.After soaring through 2023, Tesla's fortunes have suddenly changed in 2024.The EV stock was the worst-performing stock on the S&P 500 in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S&P 500 is near an all-time high.So is it a good idea to buy Tesla on the dip? Let's take a look at where the company is today before we answer that question.Image source: Tesla.Tesla in transitionEver since Tesla stock skyrocketed in 2020 when it became profitable, the stock has had a much higher valuation than its traditional automaker peers. Even after the recent sell-off, Tesla is valued at $500 billion, making it one of the most valuable stocks in the country, and several times more valuable than peers like General Motors and Ford.However, Tesla is now facing challenges on multiple fronts. Vehicle deliveries were not only down in the first quarter, but also significantly short of its production, indicating weakening demand. While the company hasn't yet reported first-quarter earnings, profits are likely to be down significantly as prices have fallen due to increasing competition in the EV industry.Additionally, media reports said that the company is putting the development of its mass market-priced Model 2 on pause so it can it focus on its robotaxi and full self-driving technology.Tesla is also laying off more than 10% of its workforce, another indicator that demand is underwhelming, and two key executives involved with battery and vehicle manufacturing said they were leaving the company.Down 37% this year, is Tesla a buy?With EV sales struggling amid increasing competition, weakening demand, and high interest rates, Tesla is pivoting its hopes to its robotaxi and full self-driving technology.CEO Elon Musk said the company would unveil its robotaxi on August 8, but the company is also notorious for delaying its promises and product releases, and Musk has a pattern of using such promises when it's struggling.Tesla's robotaxi has the potential to be a game-changer for the company, but even if Tesla does launch the robotaxi in August, regulation is likely to make a full roll-out challenging.Autonomous vehicles were predicted to go mainstream several years ago, but that didn't happen due to regulatory pressure, safety concerns, and media scrutiny, among other issues.However, Tesla isn't the only company working on self-driving technology. Alphabet's Waymo has racked up millions of miles of driverless transportation and is now actively ferrying passengers in San Francisco, Los Angeles, and Phoenix. General Motors' Cruise was also active in San Francisco until regulators recently pulled it off the road after too many infractions. Other tech and auto companies have also made significant progress in autonomous driving as well.Tesla is still priced at a premium even though the core growth story, selling EVs, appears to be on hold, at least as long as deliveries and prices both keep falling.A recovery in the stock will take a return to solid growth in EV sales and profits or a blowout presentation of the robotaxi, as autonomy is already priced into the stock.In the current economic environment and with the broader headwinds in the electric vehicle sector, that looks more likely to be a losing bet. Tesla stock is best avoided at this point.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":17,"commentSize":0,"repostSize":5,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}