The emergence of Sora presents

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The emergence of Sora presents a significant challenge for . Tesla's core value proposition lies in its autonomous driving technology, heavily reliant on AI and machine vision, which has earned Tesla the reputation of being an AI company. However, Sora, functioning as a real-world simulator, facilitates the implementation of AI for autonomous driving by more companies, potentially narrowing the technological gap with Tesla. With a bearish gap open due to a downgrade, my next support levels are at 160.92, though they're not highly refined. There won't be upside potential until the 172.38-174.53 zone is regained. TSLA has been the worst-performing stock in the S&P500 for 2024 so far.

As for my confidence in Tesla, it depends on how the situation unfolds. If the stock price continues to decline, I would consider buying Tesla at the right price point. However, I would need to see more clarity on the company's strategy and competitive positioning before making any investment decisions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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KSR
·03-17
👍
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assassinyj
·03-16
Good
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Tom Chow
·03-16
good
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