Down 51% From All-Time Highs, Could Tesla Stock Keep Falling? The "Dean of Valuation" Has a Clear Prediction.
Tesla stock has been in a downward spiral over the last several weeks.

Tesla (NASDAQ: TSLA) can be one of the most exciting, albeit frustrating, stocks to own in the entire capital market.
As of this writing, shares of Tesla cratered by 44% in 2025. This is a dismal performance compared to the declines witnessed in the S&P 500 and Nasdaq Composite, which dropped by 4% and 9%, respectively.
If you zoom out even just a little bit, though, things don't look horrific. Over the last 12 months, shares of Tesla are still up by 37% -- much stronger than the gains of both the S&P 500 and Nasdaq.