Episode Transcript
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Speaker 1 (00:00):
Tesla shares are changing hands today at roughly three hundred
twenty nine United States dollars each, reflecting a decline of
about one point seven per cent from the previous day.
Trading activity was particularly intense, with more than seventy one
million shares exchanged, an overall turnover surging to about twenty
five billion United States dos, a level more than thirty
(00:22):
per cent higher than the previous day and enough to
make it the second highest trading stock on American markets overall.
This spike in trading came as the company faced a
wave of headlines, including a new legal and regulatory threat,
renewed debates over its business model, and ongoing battles over
its place in the electric vehicle and artificial intelligence sectors.
(00:44):
A major development this week was a United States federal
court certifying a class action lawsuit against Tesla that centers
on how the firm marketed its full self driving technology
between twenty sixteen and twenty twenty four. The court is
allowing in California, Tesla owners who purchased the FSD package
and did not opt out of certain the over exploring
(01:06):
website writer Tesla could be charged because the Tesla became
misled by the system's capabilities. This legal overhang is stirring
uncertainty at a time when robot taxi ambitions are one
of the core drivers of optimism among Tesla bowls, Yet
the company faces regulatory and public skepticism about the safety
and actual status of its autonomous technologies. News of this
(01:28):
legal development contributed to the recent priceter Analyst coverage of
Tesla is splitting more sharply than ever. On the bullish side,
some see the rollout of robot taxi services and the
expansion into artificial intelligence as potential catalysts, with optimistic targets
as high as five hundred United States dollars per share. Notably,
research firms like Webbush and Canter Fitzgerald are pointing to autonomy,
(01:52):
battery innovation, and the robot taxi strategy as transformational, while
others see material risks from regulation, evolving consumer sentiment, softening
demand for electric vehicles, and intensifying competition from established automakers
and new entrants. The average current analyst price target hovers
around three hundred three to three hundred twenty eight United
(02:15):
States dollars, with the majority consensus now being to hold
rather than buy. Or sell. Tesla's share prices seesawed through
the summer and is currently lingering below key technical resistance
levels in the three hundred thirty to three hundred fifty
United States dollar range. Despite trailing the market over the
past three months, Tesla remains up over fifty six percent
(02:39):
in the past year, outpacing the main American stock index.
In the last quarter, the company beat expectations with twenty
two billion United States dollars in revenue and forty cents
of earnings per share, which demonstrated operational strength even amidst legal, technological,
and strategic controversies. However, a recent reduction in holdings by
(03:02):
some major institutional investors underscores lingering caution and the complicated
investment climate fracing Tesla as it attempts to pivot from
a pure electric vehicle company to a wider reaching artificial lightning,
ship intelligence, and mobility enterprise.