1 Reason Why Tesla Stock May Keep Underperforming

Year to date, shares of electric-car maker Tesla (NASDAQ: TSLA) are down more than 8%. This poor performance is despite CEO Elon Musk's confirmation in a post on X this week that the company expects to begin selling steering-wheel-free all-electric Cybercabs for less than $30,000 before 2027. In addition, he recently doubled down on his prediction that the company will begin producing this two-seat car in April. And this isn't the only potential catalyst for the stock. The company is steadily ramping up ...