From Nasdaq: 2025-05-30 10:45:00

Tesla’s stock is on the rise despite weak earnings, thanks to optimism around the launch of robotaxis and Musk’s renewed focus on the business. Investors can tap into this potential growth with ETFs like TESL, NITE, XLY, VCR, and FDIS. Tesla plans to launch its robotaxi service in Austin, TX, on June 12, a key step in Musk’s autonomous driving strategy. The company recently completed a successful driverless test drive in Austin. Musk has left his advisory role in the Trump administration, signaling a renewed focus on Tesla. The company is also investing in AI and humanoid robotics, although progress remains speculative. Tesla reported a big miss in Q1 earnings, with adjusted EPS at 27 cents and revenues at $19.3 billion. The miss was attributed to a brand crisis following Musk’s political actions. ETFs like TESL, NITE, XLY, VCR, and FDIS offer opportunities to capitalize on Tesla’s growth potential. Tesla’s robotaxi initiative is moving quickly, with testing milestones as catalysts. Musk’s leadership and focus on autonomy and AI position Tesla for success in the automotive revolution.



Read more at Nasdaq: ETFs to Ride on Tesla’s Renewed Growth Story