Daymond John, the founder of FUBU and host of Shark Tank, recently advised his followers to invest in Tesla (TSLA) stock, citing its significant price drop since December. He acknowledged the controversy surrounding CEO Elon Musk but expressed confidence that public sentiment would shift. John's bullish outlook is also bolstered by Tesla's upcoming robotaxi service, which he believes could greatly enhance the company's stock value in the near future, regardless of negative news regarding Musk.
You want some financial advice? Buy TSLA. You get all that political crap. People want to burn cars, hate Elon Musk... all those people gonna forget all about that just like they forgot about boycotting Gucci or Balenciaga and all that other stuff, and that stock is gonna go back up.
Tesla is practically at half price today compared to its price last December. It was at $462 in December. It is now at $250. That is almost 50% off.
Tesla's robotaxi service is one of the reasons I'm bullish on the company. They're just about ready to roll out an autonomous Uber-like ride-sharing service.
When the robotaxi service rolls out, TSLA stock will react, negative news on Elon Musk or not.
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