By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
crypto keynote usa black crypto keynote usa black
  • Home
  • Latest News
    Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA
    BitcoinEthereum

    Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA

    Major cryptocurrencies held firm on Christmas Day and retained the gains made…

    By Crypto December 27, 2024
    Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA
    News
    Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
    News
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA
    Bitcoin at ,500: Whales and on-chain data refute the bear market
 | USA
    Bitcoin
    Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
    Bitcoin
    Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
  • Binance
  • Bitcoin
  • BNB
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Mining
  • NFT
  • Altcoin
  • Download Now
  • Download Camtasia
Reading: Tesla 2024: the milestones that defined an unforgettable year – Crypto
Share
Sign In
  • bitcoinBitcoin(BTC)$104,823.00
  • ethereumEthereum(ETH)$2,518.09
  • tetherTether(USDT)$1.00
  • rippleXRP(XRP)$2.16
  • binancecoinBNB(BNB)$643.25
  • solanaSolana(SOL)$145.67
  • usd-coinUSDC(USDC)$1.00
  • tronTRON(TRX)$0.274123
  • dogecoinDogecoin(DOGE)$0.170217
  • staked-etherLido Staked Ether(STETH)$2,516.43
Crypto NewsCrypto News
Font ResizerAa
  • Home
  • Contact
Search
  • Home
  • Latest News
  • Binance
  • Bitcoin
  • BNB
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Mining
  • NFT
  • Altcoin
  • Download Now
  • Download Camtasia
Have an existing account? Sign In
Follow US
  • Privacy Policy
  • Terms Of Us
  • Disclaimer
  • Editorial Policy
  • Cookies
  • DMCA
  • Affiliates
  • Contact Us
  • About US
© 2024 Crypto Keynote USA. All Rights Reserved.
Crypto News > Blog > News > Tesla 2024: the milestones that defined an unforgettable year – Crypto
News

Tesla 2024: the milestones that defined an unforgettable year – Crypto

Crypto
Last updated: 2024/12/21 at 11:07 PM
Crypto Published December 21, 2024
Share
Tesla 2024: the milestones that defined an unforgettable year
 – Crypto
- Advertisement -

Stay up to date with the CriptoTendencia WhatsApp channel: Instant news about Bitcoin, Altcoins, DeFi, NFT, Blockchain and Metaverse. Subscribe!

Contents
The turn towards robotaxi and affordable EVsMusk’s salary confrontationSupport for Trump and its effects on TeslaWhat to expect in 2025?RelatedCrypto Keynote USA

Tesla’s 2024 was marked by bold decisions by its CEO, Elon Musk, and an impressive stock market appreciation that exceeded 70%.

However, not everything was smooth sailing for the electric vehicle giant. This year was full of challenges, big revelations, and strategic decisions that positioned Tesla for the future.

Here we explore the highlights and what could be coming in 2025.

- Advertisement -

More Read

Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA

Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA

Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA

Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA

Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA

Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA

The turn towards robotaxi and affordable EVs

In January, Tesla announced that its production growth would be “markedly lower” in 2024. This warning, coupled with questions about its profitability in March, caused the company’s shares to hit their lowest point in almost a year. The situation did not improve with a significant first quarter delivery default and fierce competition in the Chinese market.

We see in the graph of Tesla shares, during 2024 to date, how its maximum price was recorded on December 18, reaching $487.87 per share. Source: Yahoo Finance.

Given this scenario, Musk opted to change the narrative by announcing that Tesla would reveal its long-awaited robotaxi in August. This announcement created uncertainty among investors, who feared that prioritizing this project would mean delaying or abandoning the launch of an affordable electric vehicle (EV). Analysts such as Deutsche Bank’s Emmanuel Rosner expressed concern, noting that the focus on the robotaxi could compromise a key strategy for Tesla.

In April, Tesla confirmed that it would accelerate the development of more accessible vehicles while working on the robotaxi. This announcement calmed the markets and improved investor confidence. However, design and functionality issues delayed the robotaxi’s presentation until October 10. During that period, Musk’s public support for President-elect Donald Trump sparked controversy and led some investors to sell their shares.

Finally, in October, Tesla unveiled the Cybercab, its robotaxi, at a Hollywood-style event. Although the presentation lacked technical and production details, analysts highlighted the long-term potential of this project. ARK Invest’s Tasha Keeney called the robotaxi “a key piece in Tesla’s future” and projected that it could account for two-thirds of the company’s value within five years.

- Advertisement -

Additionally, Tesla reinforced its commitment to an affordable EV, known as the Model Q, scheduled for launch in the first half of 2025. This model is expected to be priced under $30,000 with subsidies included, according to Deutsche Bank’s Edison Yu.

Musk’s salary confrontation

Earlier this year, a judge in Delaware invalidated Musk’s record $56 billion pay package, calling it “unfair” to shareholders. Musk responded publicly, stating that he was not comfortable leading Tesla without at least 25% voting control in the company. This salary conflict became a critical point during 2024.

In June, shareholders again approved Musk’s controversial pay package, which initially appeared to resolve the issue. However, in December, the same judge invalidated the agreement again, leaving the dispute pending until 2025. This situation could even reach the Supreme Court, maintaining tension over the Tesla leader’s compensation.

Analysts such as Wedbush’s Dan Ives highlighted Musk’s importance to the perception of Tesla as a disruptive technology leader. “Any move by Musk toward a new AI company would be a significant blow to Tesla,” Ives warned.

Support for Trump and its effects on Tesla

Musk’s support for President-elect Donald Trump sparked controversy, but also significantly boosted Tesla’s stock. The day after the election, stocks rose 15% and racked up an impressive 90% gain for December. Reports that the Trump administration could relax regulations on autonomous driving boosted investor expectations.

Wedbush’s Dan Ives estimated that the artificial intelligence and autonomy market could add at least $1 trillion to Tesla’s value under an innovation-friendly government. Additionally, he predicted that Tesla could reach a market capitalization of $2 trillion by the end of 2025, thanks to growing demand in China and advancements in its autonomous vision.

What to expect in 2025?

Next year promises to be critical for Tesla, with the launch of the Model Q in the first half of the year and possible advances in its robotaxis technology. However, it also faces significant uncertainties, such as the resolution of Musk’s salary dispute and potential regulatory challenges.

- Advertisement -

Tesla has proven time and time again its ability to innovate and defy market expectations.

If Musk manages to balance his ambitious projects with the interests of investors, 2025 could be another historic year for the company. But as always with Tesla, unpredictability is part of the journey.

Related

Crypto Keynote USA

For the Latest Crypto News, Follow ©KeynoteUSA on Twitter Or Google News.

- Advertisement -

Advice to the Reader

Disclaimer: Please note that the information provided on this page is for News purposes only and should not be considered investment or trading advice. ©Crypto.keynoteusa.com strongly recommends that you conduct independent research and/or consult with a qualified professional before making any investment decisions.
Share This Article
Facebook Twitter Email Copy Link Print
By Crypto
Follow:
An Associate Keynote USA News Editor covering the latest news in search and social media for Search Engine Journal. We are exceptionally happy for you since you are passing with us your significant time.
Previous Article DeFi protocols stabilize after this week’s strong shake
 – Crypto DeFi protocols stabilize after this week’s strong shake – Crypto
Next Article Dogecoin Bull Market Predictions: How Far Can DOGE Go?
 – Crypto Dogecoin Bull Market Predictions: How Far Can DOGE Go? – Crypto
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Popular News
Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA
Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA
Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA
Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA

Recent Posts

  • Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA
  • Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
  • Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA
  • Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
  • Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA

Recent Comments

No comments to show.
- Advertisement -

We inform crypto interested users of the latest crypto currency market trending news, like BTC, ETH, BNB coin, ADA Coin, Altcoin, Blockchain, Crypto Mining, NFT, Crypto digital coin pricr, and other digital currency news and updates. if you have any questions, you can contact us.

crypto keynote usa banner 1

Crypto News

  • Binance
  • Bitcoin
  • BNB Coin
  • Blockchain
  • Ethereum
  • Cryptocurrency
  • Mining
  • NFT
  • Altcoin

Useful Link

  • My Bookmarks
  • Customize Interests
  • Contact Us
  • About US
Crypto NewsCrypto News
Follow US
© 2024 Crypto Keynote USA. All Rights Reserved.
  • Privacy Policy
  • Terms Of Us
  • Disclaimer
  • Editorial Policy
  • Cookies
  • DMCA
  • Affiliates
  • Contact Us
  • About US
Welcome Back!

Sign in to your account

Lost your password?