Shares in Tesla tanked by as much as 7.6% in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump.

Chinese electric vehicles are becoming far more attractive, rendering Tesla's cars less appealing, particularly in global markets.

Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.

Look no further than Uber Technologies (UBER 0.83%) and Tesla (TSLA 1.35%) for examples. Both companies have alr

Traders are set to make about $1.4 billion in paper profits from their short positions in Tesla shares on Monday after CEO Elon Musk's plans to launch a new U.S. political party heightened concerns about his commitment to the company's future.

Senator Warren warns that the House crypto bill could allow firms like Tesla and Meta to bypass SEC oversight via blockchain.

William Blair lowered its rating on Tesla stock from outperform to market perform today. The Wall Street Journal recently reported that Tesla is losing market share in China, and President Trump threatened new tariffs.

Despite Tesla's weak deliveries and bearish technicals, RBC Capital Markets says the company's long-term growth in energy, AI, and autonomy justifies staying bullish on the stock.