Should You Buy Tesla Stock Before June 12?
Electric carmaker Tesla (NASDAQ: TSLA) has had an eventful year, with its stock experiencing wild swings as investors try to factor in the struggles in the core EV business, the actions and comments of its controversial chief executive, and the excitement around future initiatives like robotaxis to determine a fair price for the stock.Speaking of robotaxis, Bloomberg recently reported that Tesla plans to launch a small group of robotaxis in Austin, Texas, on June 12, the beginning of what Tesla asserts will eventually be a massive new business and stream of revenue. The event could also give investors information regarding how effective Tesla's self-driving technology is.Should investors buy Tesla now in anticipation of the June 12 announcement?Continue reading
Electric carmaker Tesla (NASDAQ: TSLA) has had an eventful year, with its stock experiencing wild swings as investors try to factor in the struggles in the core EV business, the actions and comments of its controversial chief executive, and the excitement around future initiatives like robotaxis to determine a fair price for the stock.
Speaking of robotaxis, Bloomberg recently reported that Tesla plans to launch a small group of robotaxis in Austin, Texas, on June 12, the beginning of what Tesla asserts will eventually be a massive new business and stream of revenue. The event could also give investors information regarding how effective Tesla's self-driving technology is.
Should investors buy Tesla now in anticipation of the June 12 announcement?
