The post We asked ChatGPT-4o what will be Tesla price at the end of 2024; Here’s what it said appeared on BitcoinEthereumNews.com.

While not trying to reach Dublin, as far as anyone can tell, Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), has certainly been on a rocky road since the start of 2024. Indeed, by the start of 2024, the industry appeared fully in the grip of the ‘EV winter’ as, perhaps, best exemplified by the fact Tesla sold a single car in South Korea in January.  As the first quarter was drawing to a close, Elon Musk’s company issued a devastating delivery report which prompted certain analysts to foresee a further 30% drop and generally tempert earnings expectations. The earnings report, however, despite not being particularly strong, when paired with an energetic Musk and the buzz surrounding the vaguely announced ‘Robotaxi’ – also referred to as the ‘Cybercab’ – caused a significant rally back above $190 from the yearly lows close to $140. By mid-May, however, the gains of April are already halfway gone, and Tesla’s price today stands at $174.62. TSLA stock YTD price chart. Source: Finbold With the trials, tribulations, and promises in mind, Finbold decided to consult the most advanced version of OpenAI’s flagship artificial intelligence (AI) platform – ChatGPT-4o – on how TSLA shares might fare by the end of 2024. ChatGPT sets TSLA stock price for end of 2024 After analyzing the happenings pertaining to Tesla since the start of 2024 – those in the stock market, on the business side, but also those affecting the entire industry – ChatGPT considered that it is likely that, given TSLA’s track record and continued strong position, it will continue providing technological innovations and thus, that it will continue seeing a recovery. Following from the analysis, the AI concluded, after also assuming that the economy does not suffer from any major shocks, Tesla shares might find…

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Filed under: News - @ May 16, 2024 10:26 am