TSLA Mar 2025 165.000 put
- Investor's Business Daily
Magnificent Seven Stocks: Nvidia Stock Reverses From Record Highs
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
- Reuters
These early Tesla bulls are giving up on the stock
Some of Tesla's institutional shareholders are getting out, convinced that the electric carmaker's days of dizzying growth are in the rear-view mirror. The company's shares are down nearly 30% this year and have fallen by more than 50% since their 2021 high, wiping out some $600 billion in market value as CEO Elon Musk has struggled with fierce competition and falling sales. Tesla's first-quarter results missed analyst expectations, though Musk said the company would release new models in 2025 that would be more affordable.
- Barrons.com
Forget EVs. Tesla Stock Is All About This.
Tesla CEO Elon Musk believes self-driving technology will change the world of personal transportation—and the fortunes of his electric-vehicle firm—forever. “I think [achieving fully autonomous driving] might be the biggest asset value appreciation in history,” Musk said on Tesla’s first-quarter-earnings conference call. Self-driving cars can be used more often, instead of parked in a commuter lot, earning money for owners or ride-hailing fleet operators.
