Tesla's Performance and Market Position - Tesla's stock rose 17% in December and ended 2024 with a market-beating gain of about 62% [2][3] - The stock hit a record high before pulling back near the end of December [3] - Tesla's CEO Elon Musk backed Donald Trump and now holds an advisory position to the president-elect, which may expedite regulatory processes for autonomous vehicles [3][4] - Tesla is investing heavily in AI infrastructure to improve its self-driving software [4] - The company's energy storage segment more than doubled deployments last year, and a new megafactory in China will boost that business further in 2025 [12] EV Charging Companies' Challenges - ChargePoint Holdings and EVgo shares slid 12.3% and 37.8% respectively in December [2] - EVgo closed on a $1.25 billion loan facility from the U.S. Department of Energy but announced a secondary offering of its common stock priced below the stock price, causing downward pressure on its stock [8][9] - Charging infrastructure companies are relying on continued EV sales growth to create profitable revenue from their investments [7] - Tesla's Supercharger network remains dominant in North America, leading investors to sell shares in competing network companies [10] Regulatory and Market Dynamics - A potentially friendlier regulatory environment for self-driving car development may benefit Tesla [6] - Existing EV tax credits may be withdrawn, which could help Tesla as it is already profitable, while other EV makers may cede more market share to Tesla [6] - Tesla's new, lower-priced vehicle and advancements in humanoid robotics could provide future contributions [12] Future Outlook - Tesla will report fourth-quarter and full-year 2024 earnings on Jan 29, which may provide more insight into its future plans [13] - The company's future potential justifies at least a small position despite high risks [13]

Tesla Stock Performance - Tesla stock surged by over 62% in 2024, driven by investor optimism around CEO Elon Musk's advisory role to Donald Trump [1] - Despite weaker-than-expected Q4 2024 deliveries, Canaccord Genuity analyst George Gianarikas raised the price target by $106 per share to $404, maintaining a buy rating [2][3] Growth Potential and Valuation - Tesla is valued at 40 times its forecasted 2027 earnings, with potential to grow earnings at twice the rate of other large tech stocks [6] - The company's energy storage deployments more than doubled for the second consecutive year in 2024, with further growth expected in 2025 [7] Key Products and Technologies - Tesla's Full Self-Driving (FSD) technology is a critical growth driver, with the latest version generating significant user excitement [4] - The potential for a robotaxi fleet and the $8,000 FSD upgrade for existing vehicles could significantly boost profit margins [4][5] - New products like fully autonomous cybercabs, humanoid robots, and the Shanghai megafactory are expected to drive future growth [7]

Tesla's Stock Performance and Analyst Outlook - Tesla missed Q4 2024 consensus delivery target but is projected to soar by 35% due to significant growth opportunities [1] - TSLA stock closed at $410.44 on January 3, up 8.22% for the day and over 5% year-to-date [1] - Canaccord Genuity analyst raised Tesla's stock price target from $298 to $404, reflecting a 35% upside and a 40-times multiple on 2027 non-GAAP EPS estimate of $10.11 [2][3] - Tesla is positioned alongside mega-cap tech stocks like Alphabet, Amazon, Apple, Meta, Microsoft, and Nvidia, which trade at a median of 23 times 2027 EPS but have slower revenue growth [4] Tesla's Delivery and Sales Performance - Tesla delivered 495,570 vehicles in Q4 2024, bringing total annual deliveries to 1.79 million, a 1.1% drop from 2023 [6] - Global annual sales declined for the first time in at least nine years, with a 2.3% increase in Q4 failing to offset a slow start to 2024 [5] - Despite offering 0% financing, free charging, and low-priced leases, demand for EVs slowed globally [6] Challenges and Market Dynamics - Regulatory changes, including the expiration of the Clean Vehicle Credit and reduced zero-emission vehicle credits, could cost Tesla $3.2 billion, or 40% of its 2024 EBIT estimate [9] - Tesla faces intense competition in China, with BYD reporting a 12.1% rise in EV sales, reaching 1.76 million units [13] - Tesla achieved record sales of over 657,000 vehicles in China in 2024, driven by discounts, reflecting an 8.8% year-over-year increase [13] - The company faces significant challenges in the U.S. and Europe, including reduced subsidies and shifting market dynamics [14] Future Outlook and Strategic Vision - Tesla's future growth opportunities lie in electric vehicles, autonomy, artificial intelligence, energy storage, and robotics [3] - The company is viewed as a leading disruptive technology global player, not just an EV firm [10] - Tesla's ability to adapt under the Trump administration, particularly in areas like autonomous driving and AI, will be crucial [11] - The potential removal of EV subsidies could affect Tesla's profit margins but may also give the company an advantage over competitors [12] Analyst Ratings and Market Sentiment - JPMorgan maintained an Underweight rating on Tesla with a $135 price target, citing risks to 2024 earnings, which have already dropped 36% [8][9] - Wedbush analyst Dan Ives maintained that Tesla stock remains worth buying, emphasizing the company's broader strategic vision [10] - Truist Securities noted that Tesla will face challenges in selling vehicles in the coming months, with additional discounts impacting financial performance [10]

Tesla TodayTSLATesla$410.44 +31.16 (+8.22%) 52-Week Range$138.80▼$488.54P/E Ratio112.45Price Target$283.39Add to WatchlistTesla NASDAQ: TSLA has kicked off 2025 with turbulence, seeing its stock drop over 6% on Thursday following disappointing Q4 delivery figures. Delivering 495,570 EVs in the fourth quarter, Tesla missed estimates of 512,000 shipments, marking its first annual delivery decline since 2020. The stock is now 22% off its 52-week highs. Still, with optimism surrounding the rollout of Full Self ...

Tesla Stock Performance and Market Sentiment - Tesla stock surged 61% from Nov 5 to the end of the year following the presidential election, nearly doubling before the Federal Reserve adjusted its interest rate cut forecast for 2025 [1] - Investors anticipate benefits from CEO Elon Musk's significant support for President-elect Trump, including campaign contributions and potential policy advantages [2] - Market optimism is tied to expectations that the Trump administration may streamline regulations for autonomous vehicles (AVs), aiding Tesla's Cybercab deployment and AV leadership [3] Tesla's Delivery Challenges - Tesla's Q4 2023 deliveries fell short of expectations at 495,600 vehicles, a 2.3% YoY increase but below the consensus estimate of 510,000, leading to a 6% stock drop [5] - Full-year 2023 deliveries declined for the first time, dropping from 1.81 million to 1.79 million despite the addition of the Cybertruck to the lineup [6] - Weak Q4 deliveries and evidence of demand challenges highlight potential headwinds for Tesla in 2025 [12] Demand and Competitive Pressures - Tesla faces a demand plateau, with early EV adopters already having made purchases and hybrid sales rising as an alternative [8] - Competition from cheaper Chinese EVs and other alternatives has intensified, while elevated interest rates have impacted vehicle sales across the auto industry [8] - Tesla's lack of updates to existing models and falling prices for used Teslas further indicate demand challenges [9] Regulatory and Policy Risks - The incoming Trump administration may introduce uncertainty, including the potential elimination of the $7,500 EV tax credit, making Teslas more expensive in the US [10] - While regulatory changes could boost Tesla's autonomy ambitions, the removal of EV incentives poses a significant risk [10] Future Outlook and Investor Considerations - Elon Musk forecasts 20% to 30% delivery growth for 2025, but this is seen as a test of demand rather than a guaranteed growth trajectory [12] - The anticipated launch of the budget-priced Model Q, priced under $30,000, could support growth, but Tesla faces multiple challenges, including weak Q4 deliveries, demand issues, and a lofty valuation [12] - Tesla's long-term upside potential lies in its autonomy bet, but 2025 could be a challenging year if Q4 trends persist [13] - Investors should monitor Q4 financial results for signs of pricing pressure and demand growth, as Tesla's stock performance may depend on breakthroughs in autonomy [14]

Key TakeawaysThe S&P 500 added 1.3% on Friday, Jan. 3, ending a streak of five straight down days as stocks looked to regain their momentum to start the new trading year.Super Micro Computer shares surged, bouncing back from five straight down days as the server maker aims to move past last year's accounting-related issues.Tesla stock also recovered from a string of recent losses as the carmaker said it achieved a sales record in China for 2024. Major U.S. equities indexes pushed higher on the final day of ...

Market Performance - Tesla's stock price increased by 6.9% during Friday's trading, outperforming the S&P 500 index (up 1.2%) and the Nasdaq Composite index (up 1.7%) [1] - The stock's strong performance was driven by positive industry reports and analyst coverage, including a price target increase from Canaccord [2] China Sales Data - Tesla's vehicle sales in China increased by 8.8% year-over-year in 2024, reaching over 657,000 units [3] - Sales accelerated further in the last month, with a 12.8% growth rate and 83,000 units sold [3] - The strong performance in China is a significant positive development, especially considering Tesla's overall delivery decline in 2024 [4] Q4 2024 Production and Deliveries - Tesla produced 459,000 vehicles and delivered 495,000 vehicles in Q4 2024 [4] - Total deliveries for 2024 reached 1.79 million vehicles, below the Wall Street forecast of 1.806 million and the 2023 figure of approximately 1.8 million [4] - This marks the first time Tesla has experienced an overall decline in unit sales [4] Analyst Coverage and Price Target - Canaccord maintained a buy rating on Tesla and raised its one-year price target from $298 to $404 per share [5] - Despite the price target increase, the new target implies a slight downside of approximately 0.4% following the stock's recent gains [5] - Canaccord believes Tesla's valuation multiples are justified and comparable to other megacap tech companies like Nvidia, Apple, and Amazon [6] - The firm sees Tesla as well-positioned to capitalize on long-term growth opportunities in self-driving vehicles, batteries, and robotics [6]

Tesla Inc TSLA stock surged in 2024, gaining significant attention and value after Donald Trump won the 2024 presidential election.Here's a look at how the 2024 stock performance compares to Tesla's historical returns since going public in 2010.What Happened: A soaring valuation for Tesla in 2024 helped the company rejoin the $1 trillion market capitalization club and and made CEO Elon Musk the first individual to surpass a net worth of over $400 billion.Tesla stock was up 62.5% in 2024 with the majority of ...

ToplineRivian shares rallied Friday to one of their best days ever, continuing a strong stretch for the Tesla rival following the election and bucking conventional wisdom about what President-elect Donald Trump’s cold stance on electric vehicle subsidies may mean for Rivian stock.Rivian stock has been a surprise post-election winner.Getty Images Key FactsRivian stock rose about 23% to over $16 by mid-afternoon trading, pacing toward the second-best daily percentage gain since the company went public in Nove ...

Tesla CEO Elon Musk uses his mobile device as he sits in the car arriving to the construction site ... [+] for the new plant, the so-called "Giga Factory", of US electric carmaker Tesla in Gruenheide near Berlin, northeastern Germany. - The site still has only provisional construction permits, but Tesla has been authorised by local officials to begin work at its own risk. Tesla is aiming to produce 500,000 electric vehicles a year at the plant, which will also be home to "the largest battery factory in the ...