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Tesla Stock Surges Tuesday After Major Sell-Off | Global News Avenue

Tesla Stock Surges Tuesday After Major Sell-Off

Key Points

  • Tesla shares climbed Tuesday, losing more than 15% of its value a day ago.
  • The stock’s pace fell for the eighth straight week, overlapping with CEO Elon Musk’s time working in the Trump administration.
  • One analyst said that given Tesla’s AI and robotics’ potential, the callback may offer investors the opportunity to buy dipping sauce.

Tesla (TSLA) Stocks obtained on Tuesday Loss exceeds 15% Their value was a day ago.

this Elon MuskLeading EV company stocks rose nearly 5% to $232.70 intraday, which made a small portion of the loss Expand sales Since President Trump took office. Even after Tuesday’s rise, the stock fell for the eighth straight week.

Tesla’s stock price has risen Record close About a month after Trump’s election victory, $479.86, but since Musk began pursuing cost cuts Ministry of Government Efficiency In January, electric car manufacturers lost nearly half of their value. The recent losses are worrying Sales slow down In China and Registration drops In Europe and a wide range of Market uncertainty About tariffs.

But Tesla’s huge slideshow may be an opportunity for investors Buy lowan analyst at Morgan Stanley told clients on Monday. Analysts reiterated their $430 price target, calling Tesla the “top choice” among U.S. automakers, backed by the potential of artificial intelligence and robotics. consensus Price target For Tesla stock, it’s about $366 among analysts following Tesla and tracked by visible Alpha.

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