Tesla Stock Drops as Deliveries Miss Forecasts | Global News Avenue

After rising on the first trading day of 2025, major U.S. stock indexes reversed course in the afternoon and ended lower.

The S&P 500 fell 0.2% on Thursday, extending a losing streak since the return of the Christmas holiday last week. The Nasdaq and the Dow were also lower after the New Year’s Day holiday on Wednesday, down 0.2% and 0.4% respectively.

Tesla (Tesla) shares fell 6.1%, making it the biggest S&P 500 stock decliner at the start of 2025 trading. Shares fell after the automaker reported earnings on Thursday Vehicle deliveries lower than expected In the fourth quarter, deliveries fell year-over-year. The annual decline suggests demand and economic conditions could weigh on the company. At the same time, Tesla is also facing fierce competition from China’s BYD (BYD) in the electric vehicle (EV) market.will) and some other players.

Boeing (Bachelor) shares fell 2.9% on Thursday. The tragic crash involving a 737-800 aircraft in South Korea over the weekend is the latest in a series of safety incidents involving Boeing aircraft. However, analysts at Deutsche Bank noted that the outlook for Boeing stock could be brighter in 2025, pointing to expected production improvements and strong demand trends in the aerospace and defense sectors.

apple(AAPL) announced discounts on its existing iPhone models in China, aiming to keep pace with domestic rivals in the main smartphone market. The tech giant also agreed to pay $95 million in cash to settle charges that its voice assistant Siri leaked user privacy. Apple shares fell 2.6%.

Nuclear energy stocks started the new year higher after Maryland-based utility Constellation Energy.CEG) announce it Signed a 10-year contract The U.S. General Services Administration is valued at $840 million. Under the agreement, Constellation will provide power to numerous government agencies. CEG shares rose 8.4%, while fellow nuclear power producer Vistra Corp.’s shares rose 8.4%.visual effects) surged 8.6%, becoming the best-performing stock in the S&P 500 on Thursday.

Texas Pacific Land Corp. stock (TPL), which owns large tracts of land in the oil-rich Permian Basin, rose 6.7%. The stock has seen significant volatility in the final months of 2024 following its inclusion in the S&P 500 in late November, while the century-old land trust explores other revenue streams, including Bitcoin mining, data centers and alternative energy.

Following a difficult year in 2024, solar stocks are another bright spot in the market as 2025 trading begins. The solar industry had a strong day after Tesla reported record energy storage deployments. Shares of solar equipment supplier First Solar (FSLR) and Enphase Energy (ENPH) surged 5.8% and 3.9% respectively.