Tesla’s stock (TSLA) has experienced significant declines recently. On March 10, 2025, shares plummeted by 14%, marking their worst day since 2020. This drop has led to a 44% decrease in the stock’s value year-to-date, making it the biggest loser on the S&P 500 for both the day and the year.
The downturn is attributed to several factors, including CEO Elon Musk’s involvement in government restructuring, which has raised concerns about his focus on Tesla. Additionally, declining vehicle sales in key markets like China and Europe, coupled with investor skepticism over the company’s ambitious plans for autonomous vehicles, have contributed to the stock’s poor performance.
Analysts have revised their forecasts, with UBS lowering its price target for Tesla and expressing concerns about potential sales slowdowns. Despite these challenges, some remain optimistic about Tesla’s long-term potential in AI and robotics.