Finance Analysis: Tesla Stock Predictions Following 'Optimus' Robots Controversy

Tuesday, 15 October 2024, 11:37

Finance discussions surrounding Tesla and its stocks have intensified after the recent 'Optimus' robots claims. Tesla (TSLA) faces scrutiny over stock predictions as analysts express concerns about the lack of transparency in recent announcements. The stock price has been under pressure and these developments could impact investor sentiment moving forward.
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Finance Analysis: Tesla Stock Predictions Following 'Optimus' Robots Controversy

Market Reactions to Tesla's 'Optimus' Robot Announcement

In recent days, the financial landscape has braced itself as Tesla (NASDAQ: TSLA) unveils its Optimus robots amid significant skepticism. Following Elon Musk's announcement regarding the 'Robotaxi' event on April 5, investors witnessed notable fluctuations in TSLA stock, which plummeted from over $202 to just below $165. This rollercoaster ride triggered a minor rally as the stock climbed back to around $177, only to descend again shortly after.

Analysts Weigh In

  • Analysts expressed disappointment at the lack of substantial updates during the event.
  • Adam Jones from Morgan Stanley emphasized concerns over AI and self-driving technology transparency.
  • Goldman Sachs and others labeled the presentation as lacking depth.

The Future Outlook for Tesla Stocks

Despite the negative criticism regarding the 'Optimus' event, analysts maintain their long-term bullish views. Adam Jones still supports a buy rating with a price target of $310. Bank of America also projects a positive forecast with a target of $255.

Implications of the 'Optimus' Controversy

The implications of human operation allegations concerning the Optimus robots could reshape investor perspectives on Tesla. Key questions arise regarding the true autonomy of Tesla's vehicles—concerns that are compounded by prior promises of innovation that went unfulfilled.

In Summary

The true impact of the Optimus revelations is still unfolding, as reactions from investors and analysts shape the narrative surrounding Tesla's stock. Future actions, including the upcoming commercial availability of Optimus in 2025, will play a crucial role in redefining perceptions of Tesla in the market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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