Tesla Stock Slides Amid Broader Diversification Push
Tesla shares dipped nearly 1.5% in Thursday trading despite the company's accelerating pivot beyond electric vehicles. The decline follows growing investor skepticism about EV demand after government subsidies waned, though Tesla's energy storage and AI initiatives signal a strategic shift.
The Powerwall battery system and 'virtual power plant' technology now FORM critical infrastructure for unstable grids. Master Plan Part IV and Q3's emphasis on AI-powered autonomy reveal ambitions stretching far beyond automotive—a transition the market has yet to fully price in.