Tesla allays investor fears with crucial EV growth forecast, shares jump 16%
- Posted on October 24, 2024
- By Business News Today
- 1 Views
Tesla allays investor fears with crucial EV growth forecast, shares jump 16%
Tesla's stock surged over 16% after CEO Elon Musk reassured investors about expected sales growth and plans to cut production costs. The company announced its pivot toward AI and robotics, with new projects like the Cybercab robotaxi, despite regulatory challenges and investor concerns over Musk's focus.
