Musk Delaying August Robotaxi Event to October

What if Tesla is just an auto company with a limited number of offerings, long in the tooth, and robo-taxis and dancing robots are just a pipe dream?

On that basis, analysts give it a market cap of $200 to $300 Billion, that’s a 55% to 70% haircut from the $676 Billion market cap at today’s close.

https://www.nytimes.com/2024/07/24/business/dealbook/tesla-earnings-musk.html

intercst

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I think you are on to something! I see it as an ‘auto’ company and it will remain that until it is not!

JimA

2 Likes