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Why this analyst was ‘disappointed’ by Tesla’s robotaxi event

DeFi Daily News by DeFi Daily News
October 11, 2024
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Tesla (TSLA) delivered its long-awaited robotaxi event Thursday night, giving investors new insight into the autonomous vehicle. CFRA analyst Garrett Nelson joins Morning Brief to discuss his reaction to the event.
“We were really disappointed by the lack of detail regarding their near-term and intermediate-term product roadmap,” Nelson tells Yahoo Finance.
He notes that there was no mention either of any developments in Tesla’s other highly anticipated vehicles — the so-called Model 2 and the Roadster.
“It was sort of like watching a movie with a lot of plot twists and special effects. And at the end, you’re walking out kind of scratching your head,” Nelson says of the event. After watching the event twice to “make sense of everything,” he concludes, “It was really short on detail and long on special effects.”
#stockmarket #Tesla #youtube

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Tags: AnalystBondsbusinessCurrenciesdisappointedEquitiesEventFXInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsrobotaxiSavingsStock marketstocksTeslasYahoo FinanceYahoo FInance Premium
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