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Posted by
Two Blokes Jul 24 -
Filed in
Stock
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9 views
It's evident Tesla, Inc.'s thematic momentum underpinned by its autonomy ambitions is rapidly fading, as investor focus returns to the protracted slump across its existing auto business. CEO Elon Musk's discussion about Tesla's anticipated tariff impact to near-term growth and earnings also marks a stark 360-reversal of previous confidence that the company is well mitigated against them. Taken together, we expect TSLA stock to experience range-bound volatility in the $300-range following the post-earnings pullback.
