Cathie Wood: People Have No Idea What Tesla Just Revealed

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Star Investing

Star Investing

3 ай бұрын

Tesla is making big strides in autonomous driving around the globe.
One company that constantly finds its name in the spotlight is Tesla (TSLA -2.04%). The company's CEO, entrepreneur Elon Musk, is equal parts entertaining and, at times, pretty jarring.
To be blunt, 2024 hasn't been kind to Tesla shareholders. While most of the company's "Magnificent Seven" peers have generated nice share price gains so far this year, Tesla shares are down about 23% as of this writing.
Nevertheless, after showing some signs of maturity and providing investors with thorough updates during the first-quarter earnings call last week, shares in Tesla rebounded slightly.
Over the weekend, news broke that Musk flew to China to meet with government officials -- namely, Premier Li Qiang. Since the meeting on April 28, Tesla stock extended its post-earnings rebound by rocketing 14%.
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