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Tesla Falls Below $400: Why Experts Say TSLA Has 33% Upside

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In what is perhaps the most shocking development on Wall Street early this year, Tesla’s (TSLA) stock has fallen below the $400 mark. However, the recent performance doesn’t deter the reality that plenty of analysts are expecting big things from the electric vehicle manufacturer throughout this year. Indeed, some analysts have even touted a 33% upside for the stock. The Elon Musk-led company ended 2024 on a noticeable high. In fact, it surged as high as it ever had, with Tesla stock reaching a record share price of $424 in early December. Yet, its recent correction has many concerns. With things far from over for the company, analysts appear to be split on just where the company’s stock can go from here. Source: NPR Also Read: Tesla Stock in Trouble? JPMorgan Says Profits May Vanish in 2025 Tesla at a Crossroad as Stock Falls Below $400: Why TSLA There is Both Risk & Upside In the Stock Entering 2025, there were many who believed this would be the year of the Tesla. Th...

Tesla moves $760 million in Bitcoin; Here’s what you need to know

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Though Tesla’s (NASDAQ: TSLA) history with Bitcoin (BTC) mostly ended in July 2022, when the electric vehicle (EV) maker sold about 75% of its cryptocurrency, it experienced an unexpected revival on October 15 and 16, 2024. Specifically, Tesla started moving vast quantities of BTC to previously unknown addresses on the afternoon of October 15 and had, across a total of 26 transactions, transferred some $760 million worth of the coin, per the data retrieved from Arkham Intelligence. Tesla’s BTC transfers. Source: @ArkhamIntel The transfers – which involve virtually all of Tesla’s remaining 11,510 Bitcoins – quickly drew the crypto community’s attention and sparked speculation on the EV maker’s intentions. Picks for you Recession panic fades; Are investors underestimating risks ahead? 4...