As Tesla Secures Key Cybercab Patent, Should You Buy, Sell, or Hold TSLA Stock Here?

Core Insights - Tesla has secured a key Cybercab patent, emphasizing its commitment to innovation in autonomous vehicle technology [1] - Despite challenges in its core business, particularly a 37% decline in sales in Europe, Tesla's stock has increased nearly 100% since its April low [2][5] - The Cybercab patent indicates progress in Tesla's robotaxi program, with operations expanding in Arizona, Texas, California, and Nevada [3] Business Challenges - Tesla's core automotive business is facing declining EV sales, shrinking margins, and increased competition, especially in Europe and China [5] - The company's reliance on automotive regulatory credits and interest income for profitability raises concerns, particularly with the elimination of domestic regulatory credits [6] - The expiration of the $7,500 federal EV tax credit is expected to negatively impact Q4 demand, potentially leading to a selloff in Tesla shares [6] Market Sentiment - Wall Street analysts maintain a 'Hold' rating on Tesla stock, advising caution for new positions at current levels due to elevated valuations and execution risks [4][7]