A promising rally in the last quarter of 2024 saw Tesla stock (NASDAQ: TSLA) reach a new all-time high (ATH) price of $479.86. Since then, however, a steep correction has occurred.
In this week's video, I cover need-to-know news about Tesla (TSLA 1.43%) from the week of Feb. 24. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle maker as its top U.S. auto pick, saying the company's artificial intelligence and robotics efforts could power growth even as the mainstay car business stumbles.
Tesla Inc (NASDAQ:TSLA) is shaking up the EV market again with a new battery breakthrough designed to slash production costs and extend vehicle range. CEO Elon Musk unveiled the development on Monday, hinting at a next-gen battery with higher energy density and less reliance on pricey rare earth materials.
Kevin Green kicks off the trading week covering Tesla (TSLA) after a bullish analyst call comes from Morgan Stanley. The firm reinstated TSLA as its top pick, with nearly 50% upside to its price target of $430.
Tesla's stock price has plummeted after its post-election rally, down over 20% year-to-date and roughly 40% since a December peak share price, but analysts remain divided over whether a recent sales slump will be anything but a temporary roadblock, with Morgan Stanley issuing a new bullish thesis on Monday and suggesting shares could ultimately reach $800. With President Trump planning to implement new tariffs this week on key auto supply chain trading partners Canada and Mexico, and additional tariffs on China, Tesla will be among the companies hit with higher prices.
Tesla Inc rivals XPeng Inc and BYD Co have unveiled a surge in electric vehicle sales for last month despite a typically tepid start to the year. BYD at the weekend said some 322,846 EVs had been sold over the month, reflecting a 7.4% increase on January and near-164% jump year on year.
Tesla's Scandinavian sales fell sharply in February from a year ago, eroding its market share as the electric vehicle maker faces a test of brand loyalty amid CEO Elon Musk's role in U.S. President Donald Trump's administration.
Barron's looked at 10 prior predictions from the EV maker's CEO. They rarely boost the shares.
Nine people were arrested during a raucous demonstration outside a New York City Tesla dealership on Saturday, protesting owner Elon Musk's role in sweeping cuts to the federal workforce at the behest of President Donald Trump.
It's been a volatile and interesting year for Tesla (TSLA 3.91%) stock, its CEO, Elon Musk, and its various businesses. The stock has traded as low as $142 and as high as $480 per share over the past 12 months.
Matt Tuttle zeros in on Tesla (TSLA), arguing that it's not a car company, it's an A.I. vertical. He talks about the Elon effect and competition among E.V.