Tesla stock experiences significant volatility and trading opportunities
Tesla shares have dropped about 50% from their peak, similar to past declines in 2016, 2019, 2020, 2022, and 2024. Despite this volatility, some investors see potential opportunities in the stock, given Tesla's leadership in the electric vehicle market. The company is expanding into energy storage, solar energy, and artificial intelligence, which could boost future revenues. However, competition from companies like BYD in China poses challenges. Tesla's new factories are enhancing its global presence. Elon Musk's leadership has become polarizing, affecting public perception and sales. Some Tesla owners are distancing themselves from Musk due to his political affiliations. Analysts suggest that Tesla's stock could stabilize at around $168 per share, with various trading strategies available for investors.