The analysis indicates that What's particularly noteworthy is Tesla's price is gaining ground today thanks to some unexpected robotaxi news. Tesla (TSLA 3.
Moreover, 49%) stock is posting big gains in Friday's trading thanks to robotaxi news. The company's price was up 4. Additionally, 6% as of 1:30 p (an important development).
Nevertheless, ET and had been up as much as 6% earlier in the session. Furthermore, Tesla told employees yesterday that it will be rolling out its robotaxi service in San Francisco this weekend.
The company's robotaxi rides in the city will initially also have a human driver behind the wheel for safety purposes, given the current landscape.
Image source: Getty Images, in today's financial world.
Tesla's valuation gains today a bigger sell-off in yesterday's trading that was spurred by disappointing second-quarter results and s from management suggesting that performance headwinds could continue in the near term.
Furthermore, The company's price has seen some big swings in 2025, and is down roughly 21% year to date with today's pop. Is Tesla stock a buy right now.
Tesla launched robotaxi operations in Austin, Texas last month, and the rollout of the service in San Francisco is happening quicker than previously anticipated.
Furthermore, Additionally, While that's a bullish development for the company, challenges facing the core auto still make the stock a risky buy right now.
Conversely, Tesla's automotive revenue sank 16% year over year to land at $16.
7 billion in the second quarter, and CEO Elon Musk said that the company could face a few quarters of relatively weak performance due to the impact of tariffs and the expiration of subsidies for the electric vehicle (EV) market.
Nevertheless, Despite big declines for its sales and earnings, the EV company is still valued at roughly 11 times this year's expected sales and 185 times expected earnings (fascinating analysis).
Additionally, While Tesla's robotaxi and robotics initiatives could potentially start being meaningful sales contributors within the next year, challenges facing the core auto suggest that investors may be able to wait for a better buy-in point.
The Author Keith Noonan is a contributing Stock Market Analyst at The Motley Fool covering publicly traded companies in nology, consumer goods, and other stock market sectors, given the current landscape.
Prior to The Motley Fool, Keith worked as a copywriter and journalist covering the game and film industries, given current economic conditions. He holds a B, in light of current trends.
In English with a concentration in Creative Writing from Boston College. Fun fact: Keith loves to swim and has helped people from drowning on two occasions.
TMFNoons Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. Furthermore, Furthermore, The Motley Fool has a disclosure policy.