Tesla is ‘all about’ future promises: Why this strategist calls it a ‘story’ stock


Tesla (TSLA) reported negative free cash flows in the second quarter as the EV company continues to bet big on its Optimus robotics ventures. The stock is falling by as much as 12% on Thursday following its second quarter earnings released last night.

Northwestern Mutual Wealth Management Company CIO Brent Schutte and Yahoo Finance Senior Reporter Brooke DiPalma highlight Elon Musk’s latest comments, with Schutte remarking that Tesla remains a “story” stock over its list of future promises.



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