Tesla, Inc. (TSLA)
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Elon Musk's recent comments on the slow rollout of Tesla's robotaxi service have raised concerns among investors, as he now expects significant revenue from the initiative to be delayed until 2027. This cautious outlook contrasts sharply with previous bullish projections, potentially impacting investor confidence in Tesla's growth trajectory. The market will be watching closely to see how these developments affect Tesla's valuation moving forward.
Latest News
| Title | Published |
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High Oil Prices Are Driving an EV Boom. Who's the Next Winner After Tesla? High oil prices are reshaping the global economy. | about 3 hours ago |
Elon Musk sounds cautious note on robotaxis as rollout goes slow STORY: The rollout of Tesla’s robotaxi business looks to be going slower than expected.That was the verdict from several Wall Street analysts Thursday (April 23), following an unusually downbeat update from Elon Musk the day before.Over the past year, the billionaire has outlined bullish expansion plans for the service.But in a call with analysts this week he sounded more measured.Musk said he hoped to have robotaxis and driverless vehicles in a “dozen or so states” by the end of the year.He said Tesla was taking a “cautious approach” to avoid injuries or fatalities.That’s all a big change from last summer, when he had said robotaxis would be available to half the population of the U.S. by the end of 2025.He had said growth would increase at a “hyper-exponential” rate.Now analysts say Tesla is likely confronting the difficulties of operating robotaxis.One said Musk’s call was untypically “low energy”, and was marked by unusual reserve and caution.Having once said robotaxis would generate significant revenue by the middle of this year, he now says that won’t happen until some time in 2027.Investors will be watching very carefully, with much of Tesla’s $1.5 trillion value tied to Musk’s big promises on the new service.Critics note that he has a long history of unfulfilled promises on driverless vehicles stretching back a decade. | about 3 hours ago |
Elon Musk vs. Plug Power Stock: Here's What the CEO of Tesla Thinks About Hydrogen Energy Elon Musk has made some surprising comments on hydrogen power in the past. | about 5 hours ago |
Xiaomi has delivered 26,000 units of upgraded SU7 series sedan Xiaomi, a well-known maker of smart consumer electronics in China, said on Friday that it had delivered 26,000 units of its upgraded SU7 series, which launched in March. Xiaomi CEO Lei Jun told media at an event at the Beijing Autoshow that the company had received 60,000 locked orders as of April 23 for the new generation SU7 sedans and planned to launch its YU7 GT series at the end of May. With a huge following in China, the Chinese electronic giant is taking on Tesla and pursuing premium strategy in the EV market. | about 5 hours ago |
Tesla Vs GM: Which is the Best Investment as the Q1 Earnings Season Heats Up? Tesla and GM stock may be on investors' radars as potential buy-the-dip targets as the Q1 earnings season heats up, but which is the better investment? | about 6 hours ago |
Gary Black Says Tesla's $25 Billion Spend Not A Surprise, Expects TSLA Valuation To Come Down Amid Self-Driving Roll Back Investor Gary Black of The Future Fund LLC has said he expects Tesla Inc.‘s value to decline in the coming days, following a slowdown in its self-driving progress. Tesla To Decline In Value? In a post on the social media platform X on Wednesday, the investor said he expects full-year 2026 earnings projections for Tesla to be raised to approximately $2.00 per share from earlier projections of $1.90 per share. However, Black said that Tesla’s valuation could take a hit, sharing that the automaker’ | about 7 hours ago |
Review & Preview: Earnings Storm Disappointing results from IBM and ServiceNow weighed on tech stocks. Chip stocks managed to still thrive, though. | about 7 hours ago |
High Oil Prices Are Driving an EV Boom. Who's the Next Winner After Tesla?
High oil prices are reshaping the global economy.
Elon Musk sounds cautious note on robotaxis as rollout goes slow
STORY: The rollout of Tesla’s robotaxi business looks to be going slower than expected.That was the verdict from several Wall Street analysts Thursday (April 23), following an unusually downbeat update from Elon Musk the day before.Over the past year, the billionaire has outlined bullish expansion plans for the service.But in a call with analysts this week he sounded more measured.Musk said he hoped to have robotaxis and driverless vehicles in a “dozen or so states” by the end of the year.He said Tesla was taking a “cautious approach” to avoid injuries or fatalities.That’s all a big change from last summer, when he had said robotaxis would be available to half the population of the U.S. by the end of 2025.He had said growth would increase at a “hyper-exponential” rate.Now analysts say Tesla is likely confronting the difficulties of operating robotaxis.One said Musk’s call was untypically “low energy”, and was marked by unusual reserve and caution.Having once said robotaxis would generate significant revenue by the middle of this year, he now says that won’t happen until some time in 2027.Investors will be watching very carefully, with much of Tesla’s $1.5 trillion value tied to Musk’s big promises on the new service.Critics note that he has a long history of unfulfilled promises on driverless vehicles stretching back a decade.
Elon Musk vs. Plug Power Stock: Here's What the CEO of Tesla Thinks About Hydrogen Energy
Elon Musk has made some surprising comments on hydrogen power in the past.
Xiaomi has delivered 26,000 units of upgraded SU7 series sedan
Xiaomi, a well-known maker of smart consumer electronics in China, said on Friday that it had delivered 26,000 units of its upgraded SU7 series, which launched in March. Xiaomi CEO Lei Jun told media at an event at the Beijing Autoshow that the company had received 60,000 locked orders as of April 23 for the new generation SU7 sedans and planned to launch its YU7 GT series at the end of May. With a huge following in China, the Chinese electronic giant is taking on Tesla and pursuing premium strategy in the EV market.
Tesla Vs GM: Which is the Best Investment as the Q1 Earnings Season Heats Up?
Tesla and GM stock may be on investors' radars as potential buy-the-dip targets as the Q1 earnings season heats up, but which is the better investment?
Gary Black Says Tesla's $25 Billion Spend Not A Surprise, Expects TSLA Valuation To Come Down Amid Self-Driving Roll Back
Investor Gary Black of The Future Fund LLC has said he expects Tesla Inc.‘s value to decline in the coming days, following a slowdown in its self-driving progress. Tesla To Decline In Value? In a post on the social media platform X on Wednesday, the investor said he expects full-year 2026 earnings projections for Tesla to be raised to approximately $2.00 per share from earlier projections of $1.90 per share. However, Black said that Tesla’s valuation could take a hit, sharing that the automaker’
Review & Preview: Earnings Storm
Disappointing results from IBM and ServiceNow weighed on tech stocks. Chip stocks managed to still thrive, though.