What’s Next for Tesla Stock? Is It Bottoming Out or Heading Lower? Here’s What You Should Do Next – Investing Abroad News
Demand for Tesla cars is declining, and the company’s stock price is plummeting. Elon Musk’s Tesla stock price crossed $400 in December 2024 and has been in reverse gear since then. The all-time high closing price was 479.86 on December 17, 2024. The $1 trillion company’s stock is down by almost 30% in 2025 so far.
Last week, Tesla’s stock saw a spike when Musk held an all-hands meeting with Tesla employees and told them not to sell any Tesla shares. This pep-talk came after several top executives and board members of Tesla sold large amounts of stock.
“Since February, executive stock sales have exceeded $100 million, suggesting a lack of internal confidence in the company’s future. James Murdoch, a board member, sold…
