Tesla's stock, TSLA, faced a decline but shows signs of recovery due to strategic changes and new car models, renewing investor interest.
Tesla's stock dropped below key support after reports of a DOJ probe into its Full Self-Driving claims, raising concerns of potential securities and wire fraud.
Tesla (TSLA) and BYD (BYDDF) continue to lead the EV market. Despite BYD's sales lead in 2022, Tesla reclaimed its top position in Q1 2024. Tesla's focus on robotaxis could further solidify its market dominance, while BYD's increasing profit margins make it a compelling investment option.
Elon Musk suggested Warren Buffett invest in Tesla, viewing it as a strategic move for TSLA's dominance over AAPL. Following Musk's comment, Tesla's stock price saw a pre-market rise.