1. Tesla's European sales half, while Chinese sales drop 25% year-over-year. 2. Stock up 27% for May, driven by interest in AI and robo-taxis. 3. Tesla's first-quarter car sales down 13% year-over-year. 4. Robo-taxi service launch in Austin set for June 12, pending confirmation. 5. Investors prioritize AI and self-driving developments over weakening car sales.
Despite weaker sales data, rising interest in Tesla’s AI initiatives boosts stock. Historical trends show similar investor behavior when AI projects are prioritized over traditional sales metrics.
This article highlights key sales data juxtaposed with AI developments, significantly impacting investor sentiment. The focus on robo-taxi innovation portrays the stock in a forward-looking light despite traditional sales struggles.
The impending launch of the robo-taxi service may lead to immediate investor interest. Similar launches have previously caused short-term stock spikes.