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  5. TSLA: XTRA This company seems to totally fly under the market’s radar. [Tesla Inc.]

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Q: XTRA This company seems to totally fly under the market’s radar. It develops and produces AI tech to provide physical security access at large venues and events. Financials are out soon and optimism is high. Recent multiple new contracts with major sports franchises, arenas and stadiums. Some major player customers (Tesla etc). The technology ought to be deployed at every school entrance across the US. Its major competitor is facing multiple lawsuits over its inferior product and is now embroiled in the New York Mayor/New York Subway contracts scandal. Seems to me the stock price should be on a steep upward projectile, yet it has remained stagnant for ages. What it is about Xtract that the marker doesn’t seem to like? Or is there something more nefarious at play to keep the stock price stifled? Thanks for all your advice and mentoring.
Asked by Chris on October 17, 2024
5i Research Answer:
XTRA has technology to detect concealed weapons, so unfortunately this is a growing market. It...

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in TSLA.

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