Tesla shares rebound 5% after recent sell-off

Tesla shares rose nearly 5% on Tuesday, recovering slightly after a drop of over 15% the previous day. The stock is still on track for an eighth consecutive weekly decline. The recent sell-off follows concerns about slowing sales in China and declining registrations in Europe. Tesla's stock has lost almost half its value since reaching a record high shortly after the 2016 election. Analysts suggest the current dip may present a buying opportunity, citing Tesla's potential in artificial intelligence and robotics. The consensus price target for Tesla is around $366.