Stone Fox Capital
Investing Group Leader
Summary
- Tesla, Inc. has lost its EV leadership to BYD Company, with significant brand damage and a lack of new vehicles contributing to the decline.
- The robotaxi market presents a massive opportunity, but Tesla faces delays and competition from Waymo and others, risking its first-mover advantage.
- Despite potential, TSLA stock is risky, trading at high multiples without a clear path to launching transformational services soon.
- Investors should watch the $220 support level; holding it could signal a rally, while failing to hold suggests avoiding the stock.
- Looking for a helping hand in the market? Members of Out Fox The Street get exclusive ideas and guidance to navigate any climate. Learn More »
After a long period of global EV leadership, Tesla, Inc. (NASDAQ:TSLA) is finally trailing a foreign competitor. For investors, the business is starting to increasingly struggle to maintain a leadership in any of the exciting opportunities ahead, whether robotaxis
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Stone Fox Capital
Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager.
Mark leads the investing group
Out Fox The Street
where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions.
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
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