Tesla stock may be 28% too high as its EV shipments fell while rival BYD grew faster than the industry in 2024. Can Tesla grow 20% in 2025 selling a self-driving taxi?

For the first time ever, Tesla has reported a decline in deliveries, causing stock prices to dip.

Shares of Tesla Inc. slid 6.08% to $379.28 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.16% to 19,280.79 and Dow Jones Industrial Average falling 0.

And then there was the rocky rollout: the viral videos of a Cybertruck getting stuck in snow or sand; the numerous recalls (seven since its launch in December 2023), including one related to a faulty accelerator pedal; and Musk’s emergence as a stalwart supporter of Donald Trump and a purveyor of racist, rightwing conspiracies.

A Tesla Cybertruck pulled up to the glass entrance doors of Trump International Hotel Las Vegas on New Year's Day, began emitting smoke and then exploded, according to authorities.

Tesla’s global annual sales have fallen for the first time in more than a dozen years. It's a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser to the president elect.

Tesla’s global sales rose 2.3% in the fourth quarter, but the increase wasn’t enough to overcome a sluggish first half, and sales for the full year fell short of 2023 numbers

Tesla posted its first annual sales drop in more than a dozen years on Jan. 2, sinking a stock that has soared since Donald Trump's victory on optimism Elon Musk's close relationship to the president-elect will help the company.