Analysts attribute the recovery to cooling tensions between Elon Musk and President Donald Trump, which had previously weighed on investor sentiment.
Additionally, Tesla's upcoming robo-taxi launch on June 12 is generating excitement, with some analysts predicting it could be a major revenue driver. However, concerns remain about Tesla's valuation, as it trades at a price-to-earnings ratio of 192, significantly higher than traditional automakers.
Additionally, Tesla's upcoming robo-taxi launch on June 12 is generating excitement, with some analysts predicting it could be a major revenue driver. However, concerns remain about Tesla's valuation, as it trades at a price-to-earnings ratio of 192, significantly higher than traditional automakers.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.