Tesla stock price prediction as China's BYD gains more ground

Tesla’s (NASDAQ: TSLA) dominance in the global electric vehicle (EV) market continues to face significant threats as sales decline in key regions amid mounting competition. Notably, Tesla’s stock price remains under pressure amid this shift, failing to sustain its late 2024 momentum. In 2025, the stock has plunged 12.85%, trading at $330.53 as of press time. TSLA ended the last session down 2.15% as the equity tussles to reclaim the $350 resistance level. TSLA YTD stock price chart. Source: FinboldTesla dec ...