Tesla Stock Climbs Despite Pulling Guidance, but Is More Downside Ahead?
Despite an abysmal quarter on nearly every metric, shares of Tesla (NASDAQ: TSLA) climbed even after the electric vehicle (EV) maker pulled its guidance for the year. The stock is still down more than 35% in 2025 as of this writing, but over the past year, it has risen by around 80% despite a string of poor quarterly earnings results.The stock's rise can be attributed to CEO Elon Musk pledging to spend more time running the company instead of overseeing the Department of Government Efficiency (DOGE). Musk also continued to hype Tesla's robotaxi and artificial intelligence (AI) ambitions.The stock rallied on the news, but let's examine why it may have much more downside from here.Continue reading
Despite an abysmal quarter on nearly every metric, shares of Tesla (NASDAQ: TSLA) climbed even after the electric vehicle (EV) maker pulled its guidance for the year. The stock is still down more than 35% in 2025 as of this writing, but over the past year, it has risen by around 80% despite a string of poor quarterly earnings results.
The stock's rise can be attributed to CEO Elon Musk pledging to spend more time running the company instead of overseeing the Department of Government Efficiency (DOGE). Musk also continued to hype Tesla's robotaxi and artificial intelligence (AI) ambitions.
The stock rallied on the news, but let's examine why it may have much more downside from here.
