33 articles | last updated: Jul 12 16:53:35
UBS downgrades Tesla, questioning the timeline and profitability of its AI and autonomous vehicle projects.
- UBS downgraded Tesla stock from 'Neutral' to 'Sell', citing long-term uncertainty in AI investments.
- Tesla's valuation is considered overinflated due to optimistic investor expectations.
- AI and EV market competition, particularly in China, has impacted Tesla's performance.
- The delay of Robotaxi Day to October has led to mixed reactions among investors and analysts.
- Despite setbacks, some analysts maintain a bullish outlook on Tesla's long-term potential.
People, Places and Things In This Story
- Tesla, Inc. Automotive company
- Electric vehicle Automotive class
- UBS Investment banking company
- Artificial intelligence Field of study
- China Country in East Asia
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