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Tesla Shares Need New ‘Razzle-Dazzle’ as EVs Slow, AI Hype Cools

By Jordan Fitzgerald

Investing pros say strong quarterly numbers that beat already lowered expectations aren’t likely to move the richly valued stock. Rather, Tesla needs one of two things to drag its shares out of their rut: Concrete signs of progress on its robotaxi plans or a shiny new object from Musk’s playbook that moves the goalposts for the company and resets the timer to show results.