Tesla faces sales ban in California
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Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.
TSLA shares dropped 73.6% from a peak of $409.97 on November 4, 2021, to $108.10 on January 3, 2023, in contrast to a peak-to-trough drop of 25.4% for the S&P 500. Sine then, the stock surged to a high of $479.86 on December 17, 2024, and is currently trading at $475.31
Tesla's stock reached its all-time closing high today, marking the first time it's achieved this level in a year.
Tesla Inc (NASDAQ:TSLA) shares are trading lower on Wednesday, pulling back after hitting all-time highs on Tuesday.
With a modest market cap of $22 billion, Rivian is evolving beyond its luxury niche as it gears up for substantial growth in vehicle production with
EV giant Tesla (TSLA) has never been short on promises for a bold future. For years, Tesla fans have heard the narrative that Robotaxis would be the next new growth engine as its core EV business cools off.
Shares saw their first record close since December 2024, helping support the continued reign of the “Magnificent Seven.”
Tesla stock came under pressure on Wednesday after touching an all-time high earlier in the session, as investors reacted to fresh regulatory scrutiny in California that could complicate the company’s ambitions for self-driving technology.
Tesla Inc.’s stock. The rally is a testament to Wall Street’s faith in Musk’s artificial intelligence ambitions, particularly since Tesla’s core auto business is struggling. “The valuation doesn’t make any sense,