The translation of the heading to English is: "Tesla in Focus: Disillusionment after Robotaxi Event – Analysts Doubt.

The recently held Tesla presentation, which was eagerly anticipated for insights into the future of robotaxis, left many investors disappointed. Garrett Nelson, an analyst at CFRA, analyzes the event's impact on Tesla's stock and considers whether CEO Elon Musk can truly offer added value to shareholders. Nelson suggests that the recent weakness in Tesla's stock might only be the beginning of a larger decline. Currently, the stock is trading at 75 times the consensus estimated value for the next year and 57 times for 2026. These high valuations raise questions about how Tesla intends to achieve the projected earnings growth expected in the upcoming years. Additionally, Tesla is grappling with growth difficulties. Nelson points out that Elon Musk has often failed to meet announced timelines. A decade ago, he promised fully autonomous vehicles within one to two years—yet here we are in 2024 without a breakthrough. At a time when expectations for Tesla remain high, Nelson warns, especially given a general slowdown in electric vehicle growth. Against this backdrop, companies like General Motors and Uber might be better positioned to benefit when Tesla falters.