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Tesla’s Robotaxi Hype Vs. Bearish PE Fears: Who’s Right This Summer?

Pelican Press

By Pelican Press,
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Considering how much pain investors of Tesla (NASDAQ:) Inc. had to endure during the first quarter of the year, there are perhaps not many on Wall Street who thought they’d manage to gain the better part of 50% in less than three months. However, that’s exactly what they’ve done, largely thanks to CEO Elon Musk’s stepping back from White House duties, increased hype around their Robotaxi launch…

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