Tesla's Stock Soars Over 25% After Impressive Vehicle Delivery Numbers, But Analysts Remain Wary of EV Giant's Shifting Corporate Strategy from kissing hard in the car Watch Video
Preview(s):
Gallery
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36 👁 View: 8.7M times ✓ Published: 06-Jul-2024
Description: Tesla's stock has surged over 25% in the last week following vehicle delivery numbers that beat analyst estimates, while other electric vehicle stocks like Rivian gained much less. When CEO Elon Musk said earlier this year that Tesla is not a car company, its message boosted the stock price even as sales declined. Tesla's shifting identity between a car manufacturer and a tech company complicates its strategic clarity, leaving it unclear whether it aims to mass-produce EVs or focus on autonomous taxi fleets driven by AI technology.
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)