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Tesla’s robotaxi service is officially set to launch on June 12 in Austin, Texas, and according to Bloomberg sources, this could position TSLA stock for a potential 25% surge to $300. The autonomous vehicles deployment also marks Tesla’s entry into the rapidly expanding self-driving cars market, which could significantly boost AI stocks across the sector as well. TSLA stock price targets and analyst ratings – Source: TipRanks How Tesla’s Robotaxi Launch Could Drive TSLA and AI Stocks Higher Source: Market Watch Tesla Robotaxi Service Details and Market Impact Source: X Tesla robotaxi operations will begin with around 10-20 Model Y vehicles in geofenced Austin areas, and they’ll be using remote supervision instead of in-vehicle operators. The launch also represents Tesla’s bid to capture a share of the autonomous vehicles market, which will reach $13.6 trillion by 2030. Elon Musk had this to say: “We are actually going to deploy not to the entire...

The US stock market has been struggling to find any kind of consistency thus far in 2025. With increased macroeconomic concerns and geopolitical tensions, uncertainty is abounding. Yet, with a positive reversal incoming, Tesla (TSLA) CEO Elon Musk has said that Europe sales are “turning around” as the stock eyes a jump to $400. Tesla has caught the ire of some consumers throughout the first few months of the year. Indeed, Elon Musk’s affiliation with the Trump administration had the company caught in a brand crisis. That appears to be behind the firm, as he has stated his intention to lessen his participation with the DOGE commission. Since then, the stock has rallied in what could be a notable turnaround for the Magnificent 7 firm. Source: REUTERS / Brendan McDermid Also Read: Kraken to Offer Tokenized Stocks for Apple, Tesla, & Nvidia Tesla CEO Elon Musk Speaks on Europe Sales as Stock Bounces Back The SU stock market’s pattern of volatility continued after Mem...

No, Tesla did not buy more bitcoin last quarter This morning, rumors circulated of a surprise bitcoin (BTC) purchase by Elon Musk’s Tesla. Citing a Securities and Exchange Commission (SEC) filing, social media users screenshotted supposed proof that Tesla had purchased BTC in the fourth quarter of 2024 and increased its stack to 11,509 BTC. However, the filing doesn’t reveal any new purchases. It’s been common knowledge that Tesla has owned at least 11,509 BTC throughout 2024 and as early as the first quarter of 2023. Tesla continues to hold ~11,950 BTC ($350m) https://t.co/kfPcdXzGIP — db (@tier10k) April 19, 2023 We’ve known about Tesla’s more than 11,500 bitcoin since Q1 2023. Tesla has moved its BTC to various new wallets, including an October 2024 transfer to prime custody. However, its holdings haven’t increased in years . Some of today’s confusion stems from a BTC tracking website for corporations, NVK’s BitcoinTreasu...

Although big things were expected from the EV manufacturer entering the year, Tesla (TSLA) stock has fallen ahead of its anticipated Q4 earnings. With all eyes on the data derived from the report, just what can Wall Street expect from the company that has stumbled out of the 2025 starting gate? The report is poised to arrive in less than a full week and could bring with it some important information. Currently, there are mixed perspectives on the company as it heads into a critical year. Over the last several days, Elon Musk has emerged as a rather divisive figure. Now, all eyes are on if that could hinder investor faith in the company. Source: Investopedia Also Read: Tesla: Why Is TSLA Stock Crashing in 2025? Explained Tesla Drops Yet Again: Here’s What to Expect From Q4 Earnings It is hard to believe that just one month ago, Tesla’s stock price reached an all-time high of $420. The company had debuted its highly anticipated Robotaxi project and promised to change the auton...

Tesla has again opted to maintain its Bitcoin (BTC) holdings , marking the fifth consecutive quarter without any changes. According to the company’s latest earnings report, Tesla’s Bitcoin holdings remain at 9,720 BTC, valued at approximately $275.4 million based on the current market price of $28,300 per Bitcoin. Tesla secured 43,000 Bitcoins in 2021 This decision starkly contrasts Tesla’s earlier interactions with the cryptocurrency. In the first quarter of 2021, the electric vehicle manufacturer acquired over 43,000 bitcoins at an estimated average price of $34,000, taking its Bitcoin treasury to a peak value of $1.5 billion. However, environmental concerns led CEO Elon Musk to change direction. Tesla sold a significant portion of its Bitcoin holdings in the first quarter of 2021 and further reduced its Bitcoin assets by about 75% at a 48% loss in the second quarter of 2022. Despite these sales, Tesla remains the third-largest Bitcoin holder among public com...

According to Morgan Stanley analyst Adam Jonas, Tesla could see a 60% rally in its stock price, raising its 12 to 18-month target to $400. Moreover, the analyst upgraded the company’s stock from “equal weight” to “overweight.” Jonas’s forecast for the automobile company is currently the highest among Wall Street analysts. Jonas attributed the positive forecast to the electric car manufacturer’s Dojo supercomputer. As per the analyst’s forecast, the custom supercomputer could unlock new markets for the company. Furthermore, he believes that the supercomputer would add another $500 billion to Tesla’s value. Also Read: How to Buy Tesla Stock on eToro? Jonas believes an increase in valuation would be driven by faster adoption of mobility and network services. While many have debated whether Tesla is a car company or a tech company, the analyst suggested that the company is both. It should be noted that Jonas previously downgrad...

Dogecoin stole the limelight in early 2021 after Tesla CEO Elon Musk announced he invested in the meme-coin. A euphoria of sorts erupted in the crypto markets post his announcement and everybody wanted a piece of Doge. Musk is singlehandedly responsible for bringing in millions of new investors worldwide into the crypto sphere. The billionaire entrepreneur repeatedly tweeted about Doge and gave interviews about the coin to leading publications. He hosted ‘The Dogefather’ episode on Saturday Night Live (SNL), and the meme-coin reached its all-time high of $0.73. Also Read: Shiba Inu: Will Shibarium Burn 100 Trillion Tokens? Shytoshi Responds Since the SNL episode in May 2021, Dogecoin has moved into an abyss of disappointment. Investors who picked up Dogecoin after Elon Musk’s announcement are all mostly underwater with losses. The crypto is barely moving in the indices and only shoots up when Musk tweets about it. Should You Buy Dogecoin In October 2022? So...

Dogecoin stole the limelight in early 2021 after Tesla CEO Elon Musk announced he invested in the meme-coin. A euphoria of sorts erupted in the crypto markets post his announcement and everybody wanted a piece of Doge. Musk is singlehandedly responsible for bringing in millions of new investors worldwide into the crypto sphere. The billionaire entrepreneur repeatedly tweeted about Doge and gave interviews about the coin to leading publications. He hosted ‘The Dogefather’ episode on Saturday Night Live (SNL), and the meme-coin reached its all-time high of $0.73. Also Read: Shiba Inu: Will Shibarium Burn 100 Trillion Tokens? Shytoshi Responds Since the SNL episode in May 2021, Dogecoin has moved into an abyss of disappointment. Investors who picked up Dogecoin after Elon Musk’s announcement are all mostly underwater with losses. The crypto is barely moving in the indices and only shoots up when Musk tweets about it. Should You Buy Dogecoin In October 2022? So...