Tesla (NASDAQ:TSLA) stock continues to rise as hope grows for future products like robotaxis and robots. But the core business is deteriorating quickly, with revenue and margins on the decline. In this video, Travis Hoium shows where there's growth and where there is weakness for Tesla and the price investors are paying for the stock.
*Stock prices used were end-of-day prices of July 15, 2024. The video was published on July 16, 2024.
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Travis Hoium has positions in First Solar. The Motley Fool has positions in and recommends Tesla and Uber Technologies. The Motley Fool recommends First Solar. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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