BlockBeats News, July 24th, according to BIT (bit.com) market data, Tesla's stock price plunged sharply by 14.52%, with a slight post-market recovery of 1.16%, now trading at $323.4.

Tesla previously announced its second-quarter performance. Despite achieving a record high in revenue and car delivery volume, concerns arose in the market due to a decline in profit margin, negative free cash flow, and a significant increase in capital expenditure. Several Wall Street institutions believe that Tesla is entering a phase of large-scale investment in artificial intelligence (AI) and robotics business. While short-term profitability is under pressure, Robotaxi and Optimus humanoid robots remain core factors determining the company's long-term valuation.