Tesla Stock Rebounds Amid Cybertruck Price Plunge
Tesla Stock Rebounds Amid Cybertruck Price Plunge

Tesla Stock Rebounds Amid Cybertruck Price Plunge

News summary

Tesla's stock has rebounded following a public dispute between CEO Elon Musk and President Trump, with investor attention shifting to the company's forthcoming robotaxi launch. Despite the recovery, concerns persist over Tesla's prospects, as earnings estimates have dropped and the stock remains expensive relative to the market, particularly with looming policy challenges and diminishing EV tax credits. Customer demand continues to wane, highlighted by sharp declines in both new and used Cybertruck prices amid surplus inventory and aggressive discounting. In response, Tesla has introduced refreshed Model S and Model X vehicles with upgraded features and improved range to restore consumer confidence after reputational setbacks tied to Musk's political actions. These factors underscore the volatility of Tesla's standing, influenced by external controversies and internal hurdles. The company's energy storage and solar divisions remain a strategic, albeit modest, focus.

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