Tesla (NASDAQ:TSLA) is in free-fall right now, tanking more than 5% on Monday, adding to a rout that's seen Elon Musk's EV titan shed close to 33% of its value in the past month alone.
An electric vehicle and autonomous vehicle analyst sees the ramp-up and near-term deployments as the key catalysts for the sectors.
The stock market has broken down this month as investors digest tariff and recession fears. Some of the most popular stocks such as Nvidia (NVDA), Palantir (PLTR), and Tesla have cratered.
Tesla (TSLA) got a price target cut from Mizuho to $430 from $515, though the firm still sees promise in future prospects. Jenny Horne notes Mizuho's target nearly doubles Tesla's current stock price, but the company has a lot do to reverse its 50% slide from all-time highs.
Tim Higgins, Wall Street Journal reporter, joins 'Squawk Box' to discuss Elon Musk and the Tesla brand, impact of his involvement in politics on the company, and more.
The escalating U.S.-China trade war and Musk's political affiliations are impacting Tesla's auto sales, thus emphasizing the importance of Tesla Energy. FY '24 earnings and deliveries failed to impress investors and the company remains in a transition-period. The EV (Electric Vehicle) industry's J-Curve growth has halted as consumers favor ICE and Hybrids. Tesla Energy is its best-performing business segment and production of battery Megapacks continues to ramp-up.
Mizuho lowers its price target by 16.5% to reflect all of the EV maker's current woes.
Tesla is launching a free trial of its Full Self-Driving service in China from March 17 to April 16, the company said on its Chinese website.
Coming into Monday trading, the EV maker's shares have dropped for eight consecutive weeks, losing 41% over that span.
Things have changed rapidly for Tesla (TSLA 3.86%) stock in 2025. Just a few weeks ago, I assessed whether shares were worth buying after losing a fifth of their value this year.
Even if you're hiding under a rock, you might not be able to miss the criticism being thrown Tesla's (TSLA 3.86%) way this year. Some consider Tesla CEO Elon Musk's growing presence in politics distracting or problematic.
At a time when Tesla (NASDAQ: TSLA) is facing massive headwinds, including declining sales and backlash against CEO Elon Musk, an investment strategist has stressed that the current situation is temporary and that the company has enormous growth potential, likely to be realized in 2026.