Tesla (TSLA) Stock Analysis: Half of Retail Traders Still Betting on Musk Magic
TLDR
- Tesla stock closed Friday at $339.34, down 0.50% as retail traders remain split on Elon Musk’s 5-year CEO commitment
- Stocktwits poll shows 50% of retail traders buying Tesla long-term, while 22% are selling due to concerns about Musk’s unpredictability
- Tesla’s European sales plummeted 49% in April despite overall EV market growing 27.8% in the region
- Company’s European market share dropped to just 0.7% from 1.3% a year earlier as Model Y upgrade fails to boost sales
- Tesla reported 20% drop in automotive revenue and 71% plunge in net income for Q1 2025
Tesla faces a tale of two markets as retail investors debate the company’s future while European sales continue their steep decline.
The electric vehicle…