Tesla wins lawsuit over Full Self-Driving claims, stock up 22%, positive.

From Nasdaq: 2024-10-01 09:40:00

1. Tesla (TSLA) wins lawsuit over Full Self-Driving technology claims, shareholders fail to prove misleading statements by CEO Elon Musk.

2. Tesla gears up for Q3 results and Robotaxi Day event, stock price rises 22% in past month amidst investor confidence in AI and self-driving.

3. Despite advancements in Full Self-Driving technology, Tesla faces shrinking margins from aggressive price cuts and discounts.

4. Tesla’s stock valuation appears overvalued but the company’s involvement in fast-growing sectors may justify premium pricing.

5. Analysts remain cautious on Tesla’s short-term profitability despite exciting advancements in AI and autonomy, await Q3 performance.

6. Infrastructure stock boom imminent in U.S., trillions to be spent, Zacks offers free report on companies set to profit most.



Read more at Nasdaq: Tesla Clears FSD Suit, Shares Up Ahead of Key Updates: Buy TSLA Now?