Veteran trader Ed Ponsi sees parallels between Tesla’s and Anheuser-Busch’s controversies, suggesting that Tesla can recover from its current slump. Ponsi points to diversification as a key similarity, noting that AB InBev has over 500 beer brands, while Tesla focuses on Full Self-Driving technology, the Cybercab, and Optimus robot. He believes Tesla could market these technologies directly to companies and government agencies, potentially turning around its future.
Source: https://www.thestreet.com/investing/veteran-trader-takes-hard-look-at-tesla-stock-price-amid-slump-controversy