GOOGL - Tesla: Optimus And FSD Probably Won't Save The Day
2024-07-24 15:18:52 ET
Summary
- Uncertainty surrounds Tesla's valuation, with doubts about the company's ability to sustain growth and overcome regulatory and competitive challenges.
- Tesla's stock rating remains a strong sell for the seventh time in a row.
- Elon Musk's ambitious projects, such as Optimus and Full Self-Driving, are met with skepticism regarding their profitability and feasibility.
Something is gradually changing
This is the seventh article I have written about Tesla, Inc. ( TSLA ), and once again the rating is a strong sell. To some of you, I may sound repetitive or even crazy, but over the months/years, my opinion about this company has never changed. In my last article, you can find my latest valuation, and I reaffirm again that Tesla is not worth more than $50 per share....
Tesla: Optimus And FSD Probably Won't Save The Day