baileystock
- Tesla is getting ready for its robotaxi event in a few days, but the company faces an increase in headwinds.
- The next few quarters will be particularly challenging for the company as it faces a difficult competitive environment in international regions due to a stagnant product lineup.
- Google’s Waymo has set a very high bar in terms of safety and customer satisfaction, which has allowed the company to increase rides to over 100,000 trips a week.
- Tesla will likely face a massive revenue and margin headwind in 2025, which would hurt the sentiment towards the stock, despite any positive effect of the robotaxi progress.
- The recent price surge should allow investors to cash out and wait for better entry position in the future.
Tesla (NASDAQ:TSLA) (NEOE:TSLA:CA) is showing new challenges as the company prepares for an eventful October. The product lineup of the company appears to be quite stale as competitors continue to launch new products at a staggering.
I have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector has helped me gain valuable insights into the ups and downs of this sector and predict winners and losers more accurately.
