The broader market is feeling the heat, too, with the S&P 500 continuing to whipsaw and briefly dipping to a new 52-week low amid intensifying fears around tariffs, trade wars, and geopolitical volatility.
TSLA's in-house 4680 batteries are now the lowest in cost per kilowatt-hour (kWh) among its supply chain partners.
Coming into Tuesday trading the shares lost 17.5% over the past three trading sessions, which followed President Donald Trump's “Liberation Day.”
Prices for used Teslas are falling faster than those of other electric vehicles in both the US and UK, but analysts suggest the trend is being driven more by a wave of ex-lease vehicles than by political backlash against Elon Musk, according to a report in the Financial Times. In March, second-hand Tesla prices in the US fell 7% year-on-year, compared with a 1.5% drop across other electric car brands, according to CarGurus.
Elon Musk made a direct appeal to US President Donald Trump over the weekend to roll back new tariffs, but the effort was unsuccessful, according to a report in the Washington Post citing two unnamed sources. The intervention marks a rare public disagreement between Trump and Musk, a close adviser to the president.
On April 2, Tesla (TSLA -3.23%) released its quarterly vehicle delivery report for the first quarter of 2025. Global electric vehicle (EV) deliveries dropped 13% year over year to 336,681, falling more than 53,000 short of the analyst expectations of 390,000 vehicle deliveries (based on Bloomberg data).
Tesla, Inc. has lost its EV leadership to BYD Company, with significant brand damage and a lack of new vehicles contributing to the decline. The robotaxi market presents a massive opportunity, but Tesla faces delays and competition from Waymo and others, risking its first-mover advantage. Despite potential, TSLA stock is risky, trading at high multiples without a clear path to launching transformational services soon.
Tesla, Inc.'s global Gigafactory network mitigates tariff shocks, but its supply chain remains exposed to China and Taiwan risks. A Taiwan conflict would cripple Tesla's chip supply and slash revenue by ~25%. Despite near-term headwinds, Tesla's AI and robotics pivot supports a $280 risk-adjusted 12-month target for TSLA stock.
TSLA's Supercharger network is growing fast, now spanning 65k+ stalls. With NACS adoption and wider access, it's cementing Tesla's position in EV charging.
Shares of Tesla Inc. (NASDAQ:TSLA) may be catching the eye of investors looking for a buy-low opportunity, but if that includes you, proceed with caution.
A longtime Tesla bull has slashed his price target by 43%, arguing that a brand crisis surrounding Elon Musk's work with the Trump administration and President Trump's trade war have created a “perfect storm” for the company.
Shares of Tesla extended losses in early trading Monday, while Wedbush Securities analyst Daniel Ives slashed his price target on the stock by more than 40%. Craig Trudell reports on Bloomberg Television.