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After steep decline in 2022 and a stunning 102% rally in 2023, Tesla (NASDAQ: TSLA) stock lost ground again in the first half of 2024, falling by 20.4%, according to data provided by S&P Global ...
Tesla also issued its sixth recall this year for the Cybertruck, this time over a faulty drive inverter component. Tesla wasn't the only EV stock to fall on the news. Why Tesla Stock Was Sliding Today
Tesla stock closed 5.7% lower on Thursday after Reuters reported Trump's team has drawn up plans to eliminate the $7,500 tax credit for electric vehicle buyers as part of a broader tax reform.
Tesla's shares were down as much as 12.4% in early trading on Monday, but recovered somewhat; as of 2 p.m. ET, the stock was down about 4%. A Tesla logo on an electric vehicle charger. Image ...
Image source: Tesla. Tesla runs out of gas. The only piece of news that would have directly weighed on the stock was Hertz's announcement that it continues to see weak demand for EVs and will sell ...
With Tesla already trading at a market cap of $1.5 trillion and a P/E ratio of 200, the stock seems more likely to underperform than not next year, despite the current investor enthusiasm.
Tesla stock dropped 4.8% on Monday, dropping below $200 and hitting lows not seen since late May despite a broader market rally and rebound in beaten-down tech. Two pieces of news were weighing on ...
In a note on Monday, the bank maintained its "sell" rating on Tesla stock and issued a price target of $226 a share. Though that's slightly higher from the bank's previous price target of $197 a ...