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Tesla’s stock price and market cap are down considerably this year, on the back of slightly drooping sales (instead of 50% growth year over year), rumors of the more affordable Tesla being canceled, and a slow Cybertruck (and Semi) ramp-up. Tesla Full Self Driving (Supervised) has improved greatly with version 12, but there are still broad concerns that it is far from robotaxi capability (Elon Musk seems to disagree, but he has seemingly disagreed for about 8 years, since 2016). Nonetheless, there is still a lot of faith in Tesla’s continued growth, in Tesla AI, in Tesla robotics, and in Tesla in general — especially on Wall Street.
Don’t believe me on that last part? Just look at the fact in the headline: Tesla still has a market cap that is larger than that of the three next most…
Read the full article originally published at cleantechnica.com.