Tesla has faced severe demand destruction due to a reputational crisis, yet the stock remains resilient due to the powerful narrative and retail

Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.

Chinese EV makers are moving quickly to develop driver-assistance systems in a market where car-buyers are demanding them at a faster pace than in other regions, analysts say. Their ability to do so at lower costs poses the biggest threat to Tesla’s new autonomy-based business model.

Tesla share rose in early trade after plunging 14% Thursday following a harsh online exchange between Elon Musk and President Trump.

U.S. stock index futures nudged higher on Friday as investors awaited monthly payrolls data, while Tesla shares rebounded on signs of cooling tensions between CEO Elon Musk and U.S. President Donald Trump.

Tesla ( TSLA 4.50%) stock had a rough week last week, dropping nearly 15%. Shares fell again today with its robotaxi launch in Austin, Texas, coming soon. While the company hasn't confirmed the specific June date for the launch, reports say it could be Thursday, June 12.

Tesla, Inc. faces falling sales, brand issues, and valuation woes, with competition and uncertain tech prospects impacting its future. Click for my TSLA update.

Musk has long promised an autonomous Tesla vehicle, with estimates of delivery that were always “two or three years away.” Now a hand-selected group will be able to see the potentially game-changing car in action in the Texas capital for themselves.

The robotaxi concept and the FSD that powers it are potentially a huge earnings driver for Tesla. One of Tesla's most vocal and visible supporters, Cathie Wood's Ark Invest, which expected a valuation of $2,600 per share for Tesla in 2029, relies on a model that prescribes 88% of the company's value from robotaxis, compared to just 9% from EVs.

Tesla has spent much of the year dealing with struggling sales and a deteriorating brand. Now CEO Elon Musk has drawn the ire of the president.