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Coming into Friday trading, Tesla stock was up about 45% since Musk tweeted on April 5 that Robotaxi Day was coming. Shares were up about 6% in the month leading into the Thursday night event.
Indeed that’s the lesson for Tesla (TSLA) investors after the EV maker’s disappointing robotaxi event last week exposed a disconnect between the stock’s lofty valuation and reality.
Tesla stock was down a little more than 1%. O’Regan is looking for that to continue. As for Tesla, the event could be a negative for shares. “Elon tends to over-promise in the near-term and ...
Analysts are somewhat split on Tesla stock, with nine "buy," seven "hold," and three "sell" or equivalent ratings among the 19 ratings tracked by Visible Alpha. The robotaxi event and Tesla's ...