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Tesla Bull Dampens Enthusiasm Regarding 10/10 Robotaxi Event But Here's What Would Take To Strengthen Fledgling Stock Recovery

Benzinga ·  Sep 24 02:25

As Tesla Stock Sneaks Into Positive Territory For Year Fund Manager Says Not 10/10 Robotaxi Event But This Would Strengthen Fledgling Recovery (alt HL)

Tesla, Inc.(NASDAQ:TSLA) shares climbed nearly 5% Monday and settled at a psychological resistance of $250, with optimism concerning third-quarter deliveries outperformance fueling much of the upside. Amid the stock surge, a fund manager weighed in on the potential impact of the upcoming Oct. 10 Robotaxi launch event on the stock.

10/10 Stock Mover?Future Fund LLC Managing PartnerGary Black is not convinced that Oct. 10 would be a catalyst for the stock, although he didn't rule the...

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