"Tesla Inc.'s ( NASDAQ: TSLA) share price pulled back 4.0% in the past week. The company reported a 46% drop in annual profit for 2025 but announced plans for $20 billion in capital spending. It also said it would end production of its flagship Model S and Model X vehicles. While it began operating "unsupervised" robotaxi rides in Austin, Texas, the NHTSA is investigating reports of Tesla vehicles with automated systems running red lights and making dangerous lane changes."
"Tesla stock is still 32.5% higher than six months ago, outperforming the S&P 500 in that time. However, shares are only 8.4% higher than a year ago, underperforming the Nasdaq. Yet, plenty of investors are still drawn to the EV market leader, which experienced a meteoric rise that has resulted in a gain of 27,060% since the company's initial public offering on June 29, 2010. It debuted at $17 per share, or roughly $1 per share when adjusted for stock splits."
Tesla's share price fell 4.0% over the past week after the company reported a 46% drop in annual profit for 2025 and announced $20 billion in planned capital spending. Tesla said it will end production of the Model S and Model X and began operating "unsupervised" robotaxi rides in Austin, Texas while the NHTSA investigates reports of automated systems running red lights and making dangerous lane changes. Shares are 32.5% higher than six months ago but only 8.4% higher year-over-year, underperforming the Nasdaq. The stock has gained 27,060% since the 2010 IPO and debuted at $17 per share.
Read at 24/7 Wall St.
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