Tesla's Musk Said Many Companies Don't Believe That FSD Is Real -Earnings Call
Portfolio Pulse from Charles Gross
During Tesla's earnings call, Elon Musk stated that many companies are skeptical about the reality of Tesla's Full Self-Driving (FSD) technology. This comment reflects the challenges Tesla faces in convincing the market of the viability and progress of its autonomous driving technology.
January 24, 2024 | 11:03 pm
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NEUTRAL IMPACT
Elon Musk's statement about the disbelief in Tesla's Full Self-Driving technology during the earnings call may affect investor confidence and perception of the company's progress in autonomous driving.
Musk's comments on the earnings call highlight skepticism about Tesla's FSD, which could lead to a neutral short-term impact on the stock as it may raise concerns about the adoption and development of the technology. However, the impact is not definitively negative or positive without further market reaction or evidence of FSD's progress.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80