"After soaring in 2023 and 2024, shares of Tesla(NASDAQ:TSLA) were battered throughout Q1 2025. And while the stock performed marginally better in Q2, the largest U.S. EV-maker slid into Q3. But over the past five trading sessions, the stock gained 5.17% after gaining 20.05% the five prior. That's brought it out of the red on the year with a YTD gain of 15.20%. However, since hitting its all-time high on Dec. 17, TSLA remains down 9.13%."
"Shareholders are hoping that the launch of Tesla's Robotaxi can help the stock, which has seen increased volatility in the wake of abysmal Q1 and Q2 earnings and the ongoing fallout with the Trump administration. Global Tesla sales are looking weaker than they are in the U.S. Since launching in India in mid-July, Tesla has only received a paltry 600 orders. Nonetheless, on Sept. 22, Mizuho raised its price target on Tesla to $450 from $375 while keeping its "Outperform" rating."
"Over the past decade, Tesla has suffered incredible losses that have shocked investors who had grown accustomed to the stock's rapid appreciation over the past decade. The company's meteoric rise has practically minted millionaires who jumped on the Musk bandwagon in the early goings. That's certainly a move that's come with some baggage and volatility along the way. But overall, it's clear that Musk's visionary status has rewarded shareholders since Tesla's IPO on June 29, 2010."
Tesla's shares surged in 2023-2024 but experienced significant declines in Q1 2025, slight improvement in Q2, then slid into Q3 before recent short-term gains. The stock is up 15.20% year-to-date but remains 9.13% below its Dec. 17 all-time high. Investors hope the Robotaxi launch will stabilize sentiment amid volatile Q1 and Q2 earnings and regulatory fallout. Global sales are softer than U.S. sales, exemplified by only 600 orders since the mid-July India launch. Mizuho raised its price target to $450 on Sept. 22 while maintaining an Outperform rating. The company’s decade-long rise included severe losses and created many early-millionaire shareholders since the June 29, 2010 IPO.
Read at 24/7 Wall St.
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