No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 24, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Market Analysis

Tesla: Is This Pullback the Start of a Deeper Correction?

by TheAdviserMagazine
5 months ago
in Market Analysis
Reading Time: 3 mins read
A A
Tesla: Is This Pullback the Start of a Deeper Correction?
Share on FacebookShare on TwitterShare on LInkedIn


Tesla (NASDAQ:) shares dropped 3.55% on Wednesday, followed by a 5.23% pre-market decline at the time of writing. Since hitting a high of $367.71 on May 29, the stock has fallen more than 11%.

That is a sharp turnaround from the 23% gain it saw last month after CEO Elon Musk said he was leaving President Trump’s Government Efficiency group.

Now, investors are wondering: Is this dip a chance to buy in, or the beginning of a bigger slide?

Tesla Welcomes Elon Musk Back After His DOGE Detour

One reason Tesla shares performed well last month was Elon Musk’s decision to step back from President Trump’s DOGE initiative. During the company’s Q1 earnings call, Musk said he would be spending “a lot more time on Tesla” starting in May.

He made good on that promise last week by officially resigning from the agency, which gave the stock another lift.

Musk’s bold leadership has been a major reason behind Tesla’s stock popularity. But his growing involvement in other ventures had started to frustrate investors and raise concerns among analysts.

Now, Tesla needs his focus more than ever. Sales dropped 20% year-on-year in Q1, and the company is trying to turn things around.

Investors are betting that upcoming plans, like launching cheaper models and the Robotaxi project, can drive growth. If successful, the Robotaxi service could grow fast, since many Teslas already on the road could be used in the network.

That would also open up a new revenue stream, as Tesla owners could let their cars join the fleet and earn money.

Is Now the Right Time to Buy Tesla Shares?

However, there is no clear sign that these positive developments have not already been priced into the stock.

In fact, most analysts remain neutral on Tesla. Their average price target is $299.38 — nearly 10% lower than where the stock closed last night.

Source : InvestingPro

Valuation models also suggest that Tesla’s stock price is above its fundamental worth. According to InvestingPro’s Fair Value, which combines several valuation methods, Tesla should be worth around $275.73 — about 17% lower than where it closed yesterday.

This suggests that the recent drop in Tesla’s stock might continue, potentially creating a better buying opportunity later in the year when new product launches could have a bigger impact.

Given this, investors seeking strong growth in tech may want to consider other, lesser-known stocks instead of Tesla.

InvestingPro’s “Titans of Tech” strategy, for example, shares a monthly list of 15 under-the-radar tech stocks that show strong potential before they gain wider attention.

This strategy delivered strong results in May, with 11 of its stock picks gaining more than 10% in a month, and three rising over 20%.

Some of the names picked for June are already off to a strong start, too.

This is not a one-off. The strategy has a track record of beating the market, and its past performance backs that up. You can find more details about it here.

Tech Titans Strategy

Click here to subscribe to InvestingPro now and discover our AI’s stock picks for June.

The Tech Titans strategy is just one of over 30 AI-managed strategies available, covering both thematic and regional focuses. This makes it easier for investors with different goals and risk appetites to find a strategy that fits their needs.Stratégies ProPicks IA

Subscribe here to unlock access to InvestingPro’s AI strategies and AI-selected stock winners.

****

Disclaimer: This article is written for informational purposes only. It is not intended to encourage the purchase of assets in any way, nor does it constitute a solicitation, offer, recommendation or suggestion to invest. I would like to remind you that all assets are evaluated from multiple perspectives and are highly risky, so any investment decision and the associated risk rests with the investor. We also do not provide any investment advisory services.



Source link

Tags: correctiondeeperPullbackstartTesla
ShareTweetShare
Previous Post

Thriving with a chronic health condition

Next Post

I Asked ChatGPT To Explain How To Make Money Without Working: Here’s What It Said

Related Posts

edit post
Comprehensive Sodium-Ion Battery Market Analysis: Demand Forecast

Comprehensive Sodium-Ion Battery Market Analysis: Demand Forecast

by TheAdviserMagazine
October 24, 2025
0

The Sodium-Ion Battery Market is gaining momentum as industries seek sustainable, cost-effective, and resource-abundant alternatives to lithium-ion technology. With sodium...

edit post
10 Bargain Dividend Stocks Ready to Shine in a Falling-Interest-Rate Environment

10 Bargain Dividend Stocks Ready to Shine in a Falling-Interest-Rate Environment

by TheAdviserMagazine
October 23, 2025
0

With a Fed rate cut all but certain, dividend stocks are back in focus. Lower yields on cash and bonds...

edit post
Predictions 2026: Automation At The Crossroads

Predictions 2026: Automation At The Crossroads

by TheAdviserMagazine
October 23, 2025
0

The race towards cognitive automation is well underway. For years, deterministic automation has been the backbone of reliability and compliance....

edit post
Transform Your Organization With Strategic Operating Model Change

Transform Your Organization With Strategic Operating Model Change

by TheAdviserMagazine
October 22, 2025
0

Operating model transformation represents one of the most critical challenges that technology leaders face today. The complexity requires continuous efforts to...

edit post
3 High-Growth Tech Stocks Poised to Crush Earnings and Fuel Further Rallies

3 High-Growth Tech Stocks Poised to Crush Earnings and Fuel Further Rallies

by TheAdviserMagazine
October 22, 2025
0

As the tech sector continues its relentless climb, investors are eyeing select companies with upcoming earnings reports that could ignite...

edit post
Interventional Ultrasound Market Analysis: Key Drivers and Challenges

Interventional Ultrasound Market Analysis: Key Drivers and Challenges

by TheAdviserMagazine
October 22, 2025
0

The Interventional Ultrasound Market is witnessing rapid growth, driven by the rising demand for minimally invasive procedures and the increasing...

Next Post
edit post
I Asked ChatGPT To Explain How To Make Money Without Working: Here’s What It Said

I Asked ChatGPT To Explain How To Make Money Without Working: Here’s What It Said

edit post
What is a student checking account, and how does it work?

What is a student checking account, and how does it work?

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says

Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says

0
edit post
The CFO of JPMorgan Chase Says Consumers Are Resilient. Union Pacific’s CEO Sees Cracks. Where Does That Leave You?

The CFO of JPMorgan Chase Says Consumers Are Resilient. Union Pacific’s CEO Sees Cracks. Where Does That Leave You?

0
edit post
Claiming Girlfriend or Boyfriend as a Dependent on Taxes

Claiming Girlfriend or Boyfriend as a Dependent on Taxes

0
edit post
Avihai Stolero, Themis buy mineral water co Mey Eden

Avihai Stolero, Themis buy mineral water co Mey Eden

0
edit post
EconLog Price Theory: Pricing Plumbing

EconLog Price Theory: Pricing Plumbing

0
edit post
Harmony Gold Mining completes MAC Copper acquisition

Harmony Gold Mining completes MAC Copper acquisition

0
edit post
Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says

Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says

October 24, 2025
edit post
The CFO of JPMorgan Chase Says Consumers Are Resilient. Union Pacific’s CEO Sees Cracks. Where Does That Leave You?

The CFO of JPMorgan Chase Says Consumers Are Resilient. Union Pacific’s CEO Sees Cracks. Where Does That Leave You?

October 24, 2025
edit post
Harmony Gold Mining completes MAC Copper acquisition

Harmony Gold Mining completes MAC Copper acquisition

October 24, 2025
edit post
How Men and Women Perceive Fairness in the Workplace As Parents

How Men and Women Perceive Fairness in the Workplace As Parents

October 24, 2025
edit post
U.S. CPI Comes In Lower Than Expectations, Bitcoin Rises

U.S. CPI Comes In Lower Than Expectations, Bitcoin Rises

October 24, 2025
edit post
The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

October 24, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Microsoft is distancing itself from longtime partner OpenAI, shunning erotica chatbots: ‘Just not a service we’re going to provide,’ AI CEO says
  • The CFO of JPMorgan Chase Says Consumers Are Resilient. Union Pacific’s CEO Sees Cracks. Where Does That Leave You?
  • Harmony Gold Mining completes MAC Copper acquisition
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.