Tesla Faces Investor Skepticism Over AI and Robotaxi Delays

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.