UBS downgrades Tesla to sell rating, warns that AI fervor could wane

A lot of Tesla's current share price is based on expectations about artificial intelligence, but that enthusiasm could fade and hit the stock, UBS said.

Jul 13, 2024 - 03:00
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UBS downgrades Tesla to sell rating, warns that AI fervor could wane
A lot of Tesla's current share price is based on expectations about artificial intelligence, but that enthusiasm could fade and hit the stock, UBS said.