Short sellers have set their sights on Tesla stock (NASDAQ: TSLA), despite recent developments which the market reacted positively to.
Despite a 20% decline in automotive revenues and a 2.1% operating margin, Tesla stock surged over 10%, reflecting a market outlook beyond the automaking segment. I view Tesla's Energy segment, growing from $1.1 billion in 2017 to $10 billion in 2024, as proof it can diversify and scale new businesses effectively.
Although Tesla's (NASDAQ: TSLA) stock price has rallied after the report, the electric vehicle (EV) maker's actual Q1 2025 performance tells a different story.
Shares of Tesla Inc. (NASDAQ: TSLA) popped 5.4% on Wednesday, offering worried shareholders a bit of a respite.
Tesla peppered its latest earnings call with pledges to launch commercial robotaxi operations soon, with CEO Elon Musk promising that autonomous vehicles will "move the financial needle in a significant way" by late next year.
Tesla's (TSLA) sales in the European Union (EU) tumbled for a third consecutive month in March, even as overall new battery-electric vehicle registrations went up.
Musk's pivot back from politics to Tesla signals a prime entry point; market anxiety about leadership distracted investors, but his renewed focus strengthens Tesla's long-term AI-driven potential. Tesla's recent struggles in auto sales mask big wins in energy storage and diversification; management smartly paused guidance to manage uncertainty, preparing investors for future growth. Controversy around Musk and Tesla's robotics ambitions poses brand risks, but navigating this carefully offers Tesla a chance to dominate physical AI without sacrificing mass-market appeal.
Elon Musk said he will spend more time at Tesla (TSLA 5.50%), which was enough to get shareholders excited about the business.
Wedbush analyst and famed Tesla (NASDAQ: TSLA) bull Dan Ives unveiled his second price target revision for the electric vehicle (EV) maker's stock in less than a month as he upgraded his TSLA forecast from $315 to $350.
Tesla has two big catalysts coming later in 2025. A robo-taxi service and new lower-priced models.
STMicroelectronics forecasted lower sales this quarter as weak demand for some semiconductors used in cars and industrial equipment continues to plague an industry that now faces heightened uncertainty from President Trump's unpredictable tariff policies.
Automotive manufacturer Tesla is reportedly rolling out trials of its ridesharing service, giving employees access, as it looks to expand that service later this year. In a Wednesday (April 23) post on X, Tesla shared a video of passengers hailing and riding in one of its vehicles, as a driver sat in the front.