Elon Musk Tries To Calm Tesla Investors With Promise Of 'Exceptional' Long-Term Returns As Stock Slides Over 26% This Year
Benzinga • 602 days
Low Materiality0/10
Information
Tesla, Inc. TSLA shares have been on an extended lean patch amid fundamental woes and the electric-v...
Original sourceAI Summary
- Baron Capital sees long-term potential in Tesla despite recent underperformance. - Tesla's weak Q1 performance contributed to Baron Partners Fund being in the red. - Musk believes in exceptional long-term return on Tesla despite current challenges. - Tesla is shifting focus to AI, robotics, energy, and humanoid robots. - Ark Invest expects Tesla stock to hit $2,600 by 2029. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Industry News
Market-Moving
- Baron Capital sees long-term potential in Tesla despite recent underperformance.
- Tesla's weak Q1 performance contributed to Baron Partners Fund being in the red.
- Musk believes in exceptional long-term return on Tesla despite current challenges.
Key Facts
- Baron Capital sees long-term potential in Tesla despite recent underperformance.
- Tesla's weak Q1 performance contributed to Baron Partners Fund being in the red.
- Musk believes in exceptional long-term return on Tesla despite current challenges.
- Tesla is shifting focus to AI, robotics, energy, and humanoid robots.
- Ark Invest expects Tesla stock to hit $2,600 by 2029.