Tesla, Elon Musk
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Tesla's earnings report comes weeks after Elon Musk's automaker reported another decline in vehicle deliveries.
Initially, when electric-car maker Tesla ( TSLA 3.45%) released its fourth-quarter results, the stock popped. But shortly after the market opened on Thursday, the stock's return for the day turned negative. This has added to the stock's weakness in recent weeks. As of this writing, the stock is down more than 11% over the past month.
Tesla is set to report earnings after the market closes today, with traders expecting a sizable move from the electric vehicle maker's stock following the results.
Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.
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Why Tesla Stock Popped Today
Investors are warming to the idea of a potential merger between Tesla and another of Musk's companies.
The Tesla chief said the company plans to sell Optimus robots by the end of 2027 at the World Economic Forum in Davos, Switzerland.
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Tesla stock breaks out to new 2025 highs — Fundstrat’s Mark Newton says EV maker is now leading the 'Mag 7' rally
・Wedbush’s Dan Ives sees a path to a $3 trillion valuation as Tesla’s autonomy push accelerates. ・Robotaxi expansion and driverless testing add momentum amid rising competition. ・Future Fund’s Gary Black is cautious on execution risks despite ...
After a month-long downtrend, Tesla stock rebounded in the last two trading sessions, rising by more than 7%. But for how long will it hold?
Tesla downgraded to Hold: weak auto sales, high valuation, and Robotaxi/Optimus execution risk despite margin gains. Click for this TSLA stock earnings update.
Tesla plans to more than double capital spending to a record high of more than $20 billion this year - but little of it will go to its traditional business of selling electric vehicles to human drivers.