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home / news releases / EV - Tesla Stock: In the News but for the Wrong Reasons


EV - Tesla Stock: In the News but for the Wrong Reasons

There are numerous rumours that Elon Musk , the genius behind Tesla ( NASDAQ:TSLA ), has changed his mind once more and is buying Twitter ( NASDAQ:TWTR ). The leading manufacturer of electric vehicles (EVs) hasn’t had a good three days on the stock exchanges due to disappointing third-quarter deliveries and an unmemorable AI Day. Musk’s decision to move forward with the Twitter buyout could result in further short-term losses for Tesla stock .

Let’s explore this further.

Does Optimus Lack Impression?

Tesla AI Day 2022 : Did it live up to expectations? Did the company’s eagerly anticipated Optimus bot fall short of expectations? I think so. At the AI conference the year before, Musk unveiled the idea of Optimus, a humanoid robot. It was merely a man dressed as a robot. The robot came to life during Tesla’s AI Day 2022 on September 30, with limited movement.
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Stock Information

Company Name: Eaton Vance Corporation
Stock Symbol: EV
Market: NYSE

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