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Why Tesla Stock Is Crashing Today


(NASDAQ: TSLA) introduced the robotaxi/robocab last night at an event in Los Angeles. This morning, investors woke up to shares trading down 10%.

On the surface, this seems crazy, but as Travis Hoium explains in this video, Tesla may be sacrificing the next three or four years by chasing a product that may never pay off.

*Stock prices used were end-of-day prices of Oct. 11, 2024. The video was published on Oct. 11, 2024.

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Source Fool.com

Tesla Inc Stock

€269.85
0.840%
Tesla Inc gained 0.840% compared to yesterday.
Our community is currently high on Tesla Inc with 104 Buy predictions and 38 Sell predictions.
With a target price of 410 € there is a hugely positive potential of 51.94% for Tesla Inc compared to the current price of 269.85 €.
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