Tesla's stock fell early Wednesday as data showed a sharp drop in global vehicle sales during October, highlighting continued weakness across key markets even as investors remain fixated on the company's artificial intelligence ambitions. Shares were down more than 2% at $429.
We remain confident in AI's potential to transform the global economy and in NVIDIA's pivotal role as the leading enabler of that transformation. We retain our long-term conviction in Broadcom's position within the AI ecosystem. Shares of PAR fell during the quarter as the company lowered its annual recurring revenue growth outlook for the year to 15% (from prior 20% expectations) due to weak m...
Robotaxis and unsupervised full self-driving (FSD) could add value and new income streams. Cash flow from these businesses could fund the Optimus robot project, which CEO Elon Musk believes could represent up to 80% of Tesla's future value.
Tesla, Inc. remains a Strong Buy for the intermediate and long term, supported by robust sales, margin resilience, and global expansion. TSLA delivered a record quarter with a significant sales beat, 18% gross margin, and growing non-automotive revenue streams like energy, FSD potential, and future AI prospects. Despite potential near-term volatility and a possible 15-20% pullback, TSLA's premi...
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