"After soaring in 2023 and 2024, shares of Tesla(NASDAQ:TSLA) were battered throughout the first half of 2025. The largest U.S. EV-maker slid into Q3 but staged a comeback. Things have been looking better in Q4, but after a tech sell-off that began in late October, shares of TSLA were again sliding lower. Over the past five trading sessions, the stock is up 3.53% after gaining 2.61% the five prior. On the year, Tesla is up 28.86%."
"After several quarters of weakening momentum, Tesla's deliveries are seeing a positive break in trend, according to Canaccord. Further, the firm expects Tesla to announce new electric vehicle models soon, which should help its global sales momentum. The new models will help alleviate any post-Q3 "cliff" in the U.S. after EV tax credits go away, Canaccord believes. 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."
Tesla's shares rose strongly in 2023–2024, then declined through the first half of 2025 before rebounding in Q3 and improving into Q4 until a late-October tech sell-off. The stock gained 3.53% over the most recent five trading sessions after a prior five-session 2.61% gain, leaving year-to-date performance up 28.86%. Q3 revenue was $28.1 billion, up 12% year-over-year, while earnings per share of $0.50 missed estimates and quarterly net income fell 37% to $1.37 billion. Canaccord reports deliveries are showing a positive break in trend and expects upcoming new EV models to support global sales and help offset a potential U.S. post-Q3 EV tax-credit cliff. Tesla's decade-long rise since its 2010 IPO generated large shareholder gains but also notable volatility, and analysts are assessing whether the company can resume growth to new highs.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]