By Abhirup Roy and Akash Sriram (Reuters) – CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him. Relentless protests in many countries against the billionaire’s involvement in U.S. President Donald Trump’s administration and far-right politics in
Artur Widak/NurPhoto Wells Fargo maintains ‘Underweight’ rating on Tesla, citing no stock rebound soon. Tesla’s vehicle deliveries are expected to decline in Europe, China, and the US. Earnings may drop 25% by 2025 due to lower deliveries and lower profit margins because of price cuts. The pain for Tesla investors may not be over, according
Apu Gomes/Getty Images; Chelsea Jia Feng This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Tesla rose as much as 10% on Monday after weeks of losses. Shares have climbed 16% since CEO Elon Musk’s town hall, where he encouraged employees to hold
Retail investors bought $7.3 billion in Tesla stock over the past two weeks, JPMorgan said. The buying behavior signals that retail investors are in “buy the dip” mode as Tesla stock plunges. While retail investors are buying, Tesla insiders have sold huge amounts of stock. Retail investors can’t get enough of Tesla, even as the