Here is the bottom line: Tesla is a risky investment because its future is essentially binary. Either it disrupts the mobility and labor markets with artificial intelligence (AI) products, in which case the company becomes much more valuable. Or else it fails to disrupt the those markets, in which case it becomes much less valuable.

Investors abandoned Tesla’s (NASDAQ: TSLA) stock so quickly that the price dropped 34% this year. Based on its current trajectory, it may keep falling. The drop has been blamed on CEO Elon Musk, who has recently been trying to fix the US government as the primary change agent for President Trump.

Tesla’s stock has experienced a significant decline over the past week, dropping by 7.72%. This downturn is largely attributed to a downgrade by Erste Group, which shifted its r

One Wall Street analyst says Tesla stock has fallen far enough, and it's time to buy the stock now. A new price target implies nearly 50% upside for Tesla shares. Investors need to look beyond its EV business to justify owning the stock.