TSLA Today - Aug 13: Robotaxi Worries Mount

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TSLA Today - Aug 13: Robotaxi Worries Mount

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Hey there! It's Joey, your go-to guy for all things investing, and I've been in the game for years. Today, we’re talking about Tesla, and it was a bit of a mixed bag—up about 1.6% today.

So, what went down? Well, TSLA started the day on a bit of a rocky path after some premarket jitters. There were concerns about the ongoing robotaxi situation, and let's be real, that’s been a hot topic. An Australian judge threw some shade on Tesla, hinting that they might be facing a "really bad time" with their robotaxi plans. Yeah, that one stung a bit, and you could feel the tension in the air.

Now, why the struggle? Analysts are still pretty lukewarm on Tesla, even after that recent selloff. A lot of them are holding back on being bullish, which is never a good sign. People are looking for clarity on what’s next for the company, especially with all the chatter about potential stock splits and how that might affect things. It's like everyone’s waiting for that big moment to jump back in, but right now, there's a lot of uncertainty floating around.

On a brighter note, there was some good news for Tesla fans today. Reports mentioned that One Plus One Wealth Management made a new investment in TSLA. So, some folks are still betting on Tesla’s future despite the bumps in the road.

Looking ahead, keep an ear out for any updates on their robotaxi program. That’s gonna be a big deal for the company moving forward, and it could sway investor sentiment either way.

Alright, that’s the scoop for today! Just remember, I’m here to share info and keep it fun, but I’m not giving out any financial advice. Catch you later!

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