Tesla sales in Australia fell 71% in February compared with the same month last year. The drop comes as the country also experienced Tesla-related vandalism incidents.
This will be Tesla's weakest quarter for car deliveries since 2022, according to JPMorgan analysts, as the polarizing, powerful role of Tesla boss Elon Musk in President Donald Trump's administration increasingly weighs on Tesla in the eyes of Wall Street.
German markets have rallied big over recent weeks, but @Theotrade's Don Kaufman shares a bearish stance on the iShares MSCI Germany ETF (EWG). He leans bullish on Tesla (TSLA) and seeks a rebound in Walmart (WMT).
Tesla, Inc.'s stock has plummeted by 57% from its peak, presenting a buying opportunity in the $220-200 range for long-term investors. Despite recent volatility, Tesla is positioned for substantial growth, with the updated Model Y expected to boost sales and ASP. Q1 deliveries and earnings may fall short due to sales declines and Elon Musk's controversial actions, with estimated deliveries around 360K.
Markets are having a terrible year, there is no other way to hide it. Once hot tech stocks like Tesla (TSLA) have turned into laggards and investors have rotated into defensive names in the healthcare and consumer staples space.
Eighty-five percent of survey respondents deemed Elon Musk's political involvement as "negative" or "extremely negative" for Tesla, Morgan Stanley found. The survey comes amid growing concern about Tesla as Musk's political profile rises and shares tumble.
Tesla shares rallied for a second day after registering its worst day in nearly five years. Shares dropped 15% on Monday as tariff uncertainty and growth fears overtook Wall Street.
Pony.ai CEO James Peng discusses Tesla's robo-taxi service on CNBC's CONVERGE LIVE
“You need Musk to lead, it's time to come home and start to focus back on Tesla,” says Dan Ives, managing director at Wedbush Securities, as he examines how Elon Musk's efforts with the Department of Government Efficiency are impacting Tesla. -------- More on Bloomberg Television and Markets Like this video?
Tesla's stock has shown extreme volatility, with a recent -55.6% drop, but now looks attractive near its 2024 breakout level. Despite disappointing earnings and high forward P/E ratio, Tesla's valuation aligns with its historical averages, suggesting limited downside risk. Technical indicators and a bullish harmonic pattern suggest a possible upside reversal, with major support at $212.11 and growing potential for rallies before the end of 2025.
President Donald Trump looked over some of Elon Musk's Tesla cars in the driveway ringing the South Lawn of the White House. Trump got into the drivers seat of one and marveled at the technology on board.
Tesla stock is set to extend a bounce despite two more price targets as analysts slash delivery and earnings estimates. The post Tesla Stock Rises Despite Two Price Target Cuts As Analysts Slash Earnings, Delivery Estimates appeared first on Investor's Business Daily.