Tesla Stock Investors Just Got Good News From Elon Musk About a Trillion-Dollar Market
Tesla (TSLA +2.96%) stock is down 18% from its peak, and the company is wrestling with an assortment of headwinds. Tariffs on imported auto parts have lowered margins, CEO Elon Musk’s politics have upset potential buyers, and the expiration of federal tax credits has reduced demand for electric vehicles in general.