TradingKey – Entering 2026, Tesla (TSLA) stock experienced a year marked by extreme volatility and strategic transformation, undergoing two rounds of declines followed by recoveries, but so far it remains down, with a year-to-date drop of nearly 16%.

Tesla stock price chart, Source: TradingView

From January to March, Tesla’s stock price did not continue its 2025 rally, but instead trended downward, steadily dropping from a high of $450 to near a low of $340. From April to May, supported by strong institutional buying, Tesla’s stock price rebounded continuously, surging forcefully on heavy volume to $450 in mid-May.

From June to July, Tesla’s stock price fluctuated lower again, once falling below the $300…