Diamonds and Dogs
9/5/24
Tesla (TSLA) having a good day as they roll out Self-Driving software in China and Europe starting in 2025. Tesla is also allowing more drivers to purchase Full Sefl Driving (FSD), for $99 a month even though drivers are still required to pay attention 100% of the time. Morgan Stanley analyst Adam Jonas reiterated a call on Tesla as a "top pick" with a $310 price target.
One AI stock is going the wrong way. C3.ai (AI) the AI software firm is down 14% following earnings. Earnings were actually better than expected as sales rose 20% to $87 million, but guidance as weak as subscription growth evaporates as high interest rates and economic uncertainty has capped enterprise spending.
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