Key Takeaways
- Tesla was one of the worst-performing stocks in the S&P 500 in the first quarter.
- The EV maker has faced falling sales and a backlash to CEO Elon Musk's involvement in the Trump administration, along with uncertainty about how tariffs could impact its business.
- Tesla shares have lost more than a third of their value since the start of 2025.
Tesla (TSLA) was one of the worst-performing stocks in the 澳洲幸运5开奖号码历史查询:S&P 500 in the ꦏfirst quarter, with shares losing more than a third 🍃of their value since the start of 2025.
The electric vehicle maker’s stock declined for nine consecutive weeks during the quarter, as sales slumped in key markets and the company 澳洲幸运5开奖号码历史查询:faced a backlash to 澳洲幸运5开奖号码历史查询:CEO Elon Musk’s political activities, along with uncertainty about how tariffs could impact its business.
In February, Tesla's sales in the European Union tumbled for a 澳洲幸运5开奖号码历史查询:second consecutive month, even as overall new e🍰lectric vehicle registrations increased. Meanwhile, sales in China declined 50% year-over-year in February as competition from Chinese firms ate into Tesla's market share.
Musk’s position at the helm of the Trump administration’s cost-cutting 澳洲幸运5开奖号码历史查询:Department of Government Efficiency has also 澳洲幸运5开奖号码历史查询:raised worries his political involvement is hurting the company’s business, with recent protests and vandalism of Tesla vehicles leading one analyst to call it a “澳洲幸运5开奖号码历史查询:brand tornado crisis."
Still, Wall Street analysts lean more bullish than bearish on the stock's prospects, with 11 of the 19 analysts tracked by Visible Alpha giving it a "buy" rating, compared to four "hold" and four "sell" ratings. Their average price target at $349 is roughly a third above the stock's closing price of $259.16 Monday.