“What a Pathetic Disaster.” Influencer Pivots Leave Tesla Stock (NASDAQ:TSLA) Undamaged

There are those in the marketing sphere who believe the influencer’s day may be done. Failing that, it may be coming to an end. Electric vehicle giant Tesla TSLA +1.57% ▲ is having some problems with influencers, but the exact impact of this loss is debatable at best. In fact, Tesla shares gained 1.5% in Monday afternoon’s trading.

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Tesla’s troubles with influencers began recently, as one such influencer, The Cybertruck Guy, took to X to describe his position. “Tesla still hasn’t fix their blatant FSD Transfer lies for the $59k Cybertruck. What a pathetic disaster.” The response, meanwhile, was mixed. One Tesla influencer reportedly used a screenshot of The Cybertruck Guy’s post to block The Cybertruck Guy, saying “Disappointing to see what I thought as respectable tesla accounts calling Tesla ‘liars.’ Time to block these morons.”

And in some cases, the backlash went both directions. Another Tesla influencer subsequently rang in, saying, “Crazy to block people over this, but I don’t need to be involved with people that want to worship a corporation and say they can do no wrong.” The sheer amount of churn going on in the Tesla influencer space is starting to get concerning, even as some wonder just how much impact an influencer even has any more.

The Big Pivot

We also know that Tesla is starting to back away from the vehicle concept, and expand outward into new frontiers like robotics and artificial intelligence (AI). The question, though, is just what this will mean for Tesla as a whole. For those who find the moves abrupt, it turns out that the latest moves in this direction actually dovetail with earlier planning, taking advantage of developments created for the cars.

The Optimus robot runs off several of the same systems used in FSD, which will shorten development time for getting the robots up and running. Some even believe that the Optimus could serve as a hedge against a declining electric vehicle market in general, stepping in to provide new sales as the vehicle sales continue a decline, and at a steeper rate.

Is Tesla a Buy, Hold or Sell?

Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 11 Holds, and seven Sells assigned in the past three months, as indicated by the graphic below. After a 64.36% rally in its share price over the past year, the average TSLA price target of $399.25 per share implies 0.47% upside potential.

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