Tesla's Subscription Model: Tesla is transitioning its full self-driving (FSD) technology to a subscription model, which has raised concerns among analysts regarding its valuation as an appreciating asset.
Pricing Strategy: The pricing decision for the FSD subscription is seen as a crucial step towards standardizing software offerings for vehicles over the next five years, despite the current small customer base.
Market Reaction: Following the announcement, Tesla's stock experienced a decline, with analysts expressing skepticism about the technology's current capabilities and its impact on future valuations.
Future Outlook: Elon Musk indicated that the subscription service would begin on February 14, and there are calls for Tesla to reduce subscription costs to attract more customers and increase adoption rates.
Wall Street analysts forecast VTI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VTI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast VTI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VTI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 339.080
Low
Averages
High
Current: 339.080
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
