ev maker’s stock rides high on ai and robotaxi hopes By Investing.com
Tesla, Inc. (NASDAQ:), the electric vehicle pioneer with a market capitalization of $1.38 trillion, continues to captivate investors and analysts alike with its ambitious plans and technological advancements. As of December 19, 2024, the company finds itself at a crucial juncture, balancing its core automotive business with forays into artificial intelligence, robotaxis, and energy solutions. According to InvestingPro, Tesla maintains a “GREAT” financial health score of 3.0, though current valuations suggest the stock may be trading above its Fair Value. This comprehensive analysis examines Tesla’s current position, future prospects, and the factors shaping its stock performance.
Recent Financial Performance
Tesla’s third-quarter…
