Business & Finance
Tesla Stock at ‘Inflection Point’ as Traders Seek AI Credibility
Key Points
Tesla Stock at ‘Inflection Point’ as Traders Seek AI Credibility As Tesla Inc. is set to report results that many expect will set the tone for the company’s artificial-intelligence ambitions, analysts are scouring charts for clues on where the stock is headed. After rallying to a record high in December, Tesla’s stock has lost steam, shedding more than 16% so far this year as investors await updates on its autonomy and robotics products. During that time, it weathered the initial public...
Tesla Stock at ‘Inflection Point’ as Traders Seek AI Credibility
As Tesla Inc. is set to report results that many expect will set the tone for the company’s artificial-intelligence ambitions, analysts are scouring charts for clues on where the stock is headed.
After rallying to a record high in December, Tesla’s stock has lost steam, shedding more than 16% so far this year as investors await updates on its autonomy and robotics products. During that time, it weathered the initial public offering of Elon Musk’s Space Exploration Technologies Corp., or SpaceX, which many expected would further damp investor appetite for the electric-vehicle maker.