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RE: LeoThread 2024-12-08 08:18

in LeoFinance24 days ago

Part 7/9:

The potential future of Tesla's stock remains a point of contention among analysts. Founder Simon Erickson from 7 Investing believes that while Tesla's automobile division alone may be valued at only $41 per share, the projections for its autonomous vehicle and rideshare offerings could elevate the fair market value to around $700. However, he cautions that these projections hinge on the successful rollout of these technologies.

Contrarily, some analysts, like Tony Sakiai, have placed a bearish outlook on Tesla, citing the speculative nature of the ongoing assumptions surrounding its robotaxi program and the risks tied to self-driving technologies.

Broader Implications and Future Considerations