NatalieLopez

 18 Dec 23

tl;dr

Tesla's recalls, impacting over 2 million vehicles, stem from potential Autopilot misuse and safety issues, triggering regulatory scrutiny but not fundamentally eroding the company's development path. Despite initial stock dips, TSLA rebounded, indicating investor confidence in the company's proacti...

Tesla's recalls, impacting over 2 million vehicles, stem from potential Autopilot misuse and safety issues, triggering regulatory scrutiny but not fundamentally eroding the company's development path. Despite initial stock dips, TSLA rebounded, indicating investor confidence in the company's proactive recall measures and product safety. Potential lawsuits loom over Tesla, highlighting concerns about legal liabilities and financial implications resulting from alleged Autopilot defects contributing to accidents. Technically, any downward movements in the stock can be considered an opportunity to accumulate the position. The Fed's recent decision not to hike rates & possible rate cuts in 2024 are fueling Tesla's rally. Source: seekingalpha.com.

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