Tesla Shares Drop After Rally as Investors Question Elon Musk's Political Moves and Model Y Changes šŸš—

Tesla's stock dips following a recent surge amid investor concerns over CEO Elon Musk's political activities and updates to the Model Y. Learn what’s influencing the stock now.

Benzinga•8.1K views•0:39

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Tesla stock declined in early trading after a strong multi-day rally significantly boosted its share price, according to Barron's. Investors are weighing whether Tesla’s recent stock decline stems more from political backlash tied to CEO Elon Musk or the Model Y transition. Tesla’s upcoming delivery report is expected to show lower sales than initial Wall Street projections, with recent estimates falling below last year’s first-quarter total. Analyst sentiment on Tesla stock is slightly below the S&P 500 average, with a modestly lower Buy-rating ratio and a price target that reflects cautious optimism.
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Published
Mar 26, 2025

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