Baird and Argus downgrade Tesla stock over robotaxi doubts
Baird and Argus Research have downgraded Tesla’s stock, citing unrealistic expectations for the company's imminent 12-vehicle robotaxi launch in Austin, as well as reputational risks from Chief Executive Elon Musk's political activities. Both firms moved their ratings from bullish to neutral, warning that near-term uncertainties outweigh the electric vehicle maker's long-term potential.
Subscribe to Automotive World to continue readingSign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member? Log in here
LoginAP by OMG
Asian-Promotions.com |
Buy More, Pay Less | Anywhere in Asia
Shop Smarter on AP Today | FREE Product Samples, Latest
Discounts, Deals, Coupon Codes & Promotions | Direct Brand Updates every
second | Every Shopper’s Dream!
Asian-Promotions.com or AP lets you buy more and pay less
anywhere in Asia. Shop Smarter on AP Today. Sign-up for FREE Product Samples,
Latest Discounts, Deals, Coupon Codes & Promotions. With Direct Brand
Updates every second, AP is Every Shopper’s Dream come true! Stretch your
dollar now with AP. Start saving today!
Originally posted on: https://www.automotiveworld.com/news/baird-and-argus-downgrade-tesla-stock-over-robotaxi-doubts/