I'm worried about Musk. He seems to be progressively becoming more unstable. From my ownership of another stock I've been doing a lot of research into Advanced driver-assistance systems (ADAS) over the last 3-4 years.
Tesla has already tried and failed using GPU's only. To bet most of the farm on Robo taxi's is just crazy. All other OEM's have wound back their ambitions halving their budgets on ADAS development or greater and none are aiming for full autonomy anytime soon.
Wanting to be paid $68B per year is another concern. Especially when revenue is plummeting not to mention the recent departure of long-time key staff. They just sacked 10% of their staff by email at midnight.
SYR Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)