From Nasdaq: 2025-06-03 04:35:00

Tesla (NASDAQ: TSLA) has had a tumultuous year, with stock fluctuations reflecting struggles in the core EV business and CEO Elon Musk’s actions. The company plans to launch robotaxis in Austin on June 12, potentially showcasing the effectiveness of its self-driving technology and opening a new revenue stream.

Tesla’s EV business faced challenges with lower deliveries, likely due to increased competition and Musk’s political involvement. The stock trades at a high multiple, supported by future initiatives like robotaxis and Optimus robots. Analysts remain cautious about the Austin launch, waiting to see how the self-driving technology performs.

Musk envisions a future where Tesla owns an autonomous ride-hailing fleet. While FSD technology has been tested over billions of miles, its actual strength remains debated. Investors should closely monitor the Austin debut for insights into Tesla’s autonomous driving capabilities. Despite excitement, caution is advised due to the stock’s high valuation and uncertainties.

Investing decisions should be based on long-term company theses rather than short-term events like the Austin launch. Analysts are issuing “Double Down” alerts for promising companies, offering a potential opportunity for investors to capitalize on the success of companies like Nvidia, Apple, and Netflix. Joining Stock Advisor provides access to these alerts.



Read more at Nasdaq: Should You Buy Tesla Stock Before June 12?