Tesla (TSLA) is experiencing a difficult summer, following a challenging second quarter marked by slowing demand for electric vehicles and increased price competition among automakers. The company has also postponed its robotaxi vision unveiling to October. These factors have contributed to a 16% drop in Tesla’s stock price over the past month. Adding to the volatility is CEO Elon Musk’s outspoken support for former President Donald Trump’s latest presidential bid. Today on Opening Bid, Yahoo Finance Executive Editor Brian Sozzi sits down with L&F Investor Services CEO Alexandra Merz to discuss Tesla’s fundamentals, headwinds facing the company, ideas for how Musk could further capitalize on his AI ventures and her bullish outlook on the electric vehicle maker’s share price.
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