No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 4, 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
4 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
You Still Need A Design System — Now More Than Ever

You Still Need A Design System — Now More Than Ever

by TheAdviserMagazine
October 3, 2025
0

Design is in the news a lot these days. The US government recently created an initiative mandating better design for...

edit post
Why Accurate Surgical Procedure Data Is a Strategic Advantage Today?

Why Accurate Surgical Procedure Data Is a Strategic Advantage Today?

by TheAdviserMagazine
October 3, 2025
0

The global healthcare ecosystem is evolving rapidly, with surgical volumes serving as a crucial indicator of infrastructure readiness, patient demand,...

edit post
Bitcoin Rally Gains Steam as Key Resistance Zone Near 5,500 Comes Into View

Bitcoin Rally Gains Steam as Key Resistance Zone Near $125,500 Comes Into View

by TheAdviserMagazine
October 3, 2025
0

Bitcoin broke above $120,000 this week, gaining 7% and ending its bearish trading phase. Heavy inflows into spot ETFs and...

edit post
Hydrogen Fueling Station Market Growth Outlook & Investment Opportunities

Hydrogen Fueling Station Market Growth Outlook & Investment Opportunities

by TheAdviserMagazine
October 3, 2025
0

The global hydrogen fueling station market is witnessing rapid growth as the shift toward clean energy accelerates. Fuel cell electric...

edit post
Agentic Commerce Automates Retail’s Next Frontier

Agentic Commerce Automates Retail’s Next Frontier

by TheAdviserMagazine
October 2, 2025
0

Agentic commerce is spreading. OpenAI just launched Instant Checkout, akin to Perplexity’s Buy With Pro, offering shoppers conversational shopping from...

edit post
6 Healthcare Stocks Positioned to Soar After Trump-Pfizer Deal

6 Healthcare Stocks Positioned to Soar After Trump-Pfizer Deal

by TheAdviserMagazine
October 2, 2025
0

Pharmaceutical stocks rose sharply on Thursday, boosted by a nearly 7% rally from Pfizer, which reached a key agreement with...

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
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Starbucks (SBUX): A look at the java giant’s initiatives in its biggest market

Starbucks (SBUX): A look at the java giant’s initiatives in its biggest market

0
edit post
Nvidia and Fujitsu agree to work together on AI robots and other technology

Nvidia and Fujitsu agree to work together on AI robots and other technology

0
edit post
From Transactional to Transformational: It is Time To Rebrand the Financial Aid Office

From Transactional to Transformational: It is Time To Rebrand the Financial Aid Office

0
edit post
Biglaw Money Is Talking – See Also

Biglaw Money Is Talking – See Also

0
edit post
Inflation and Economic Growth | Mises Institute

Inflation and Economic Growth | Mises Institute

0
edit post
REX-Osprey and Defiance file 27 crypto ETFs, including staking and 3x leverage

REX-Osprey and Defiance file 27 crypto ETFs, including staking and 3x leverage

0
edit post
Why Quant MF faltered and how to invest in 2025: Chirag Muni explains

Why Quant MF faltered and how to invest in 2025: Chirag Muni explains

October 4, 2025
edit post
US stocks: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session

US stocks: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session

October 3, 2025
edit post
U.S., Europe brands take on the Chinese consumer

U.S., Europe brands take on the Chinese consumer

October 3, 2025
edit post
Bitcoin Capital Flow Must Enter The Network Before Global Dominance — Here’s What Will Happen

Bitcoin Capital Flow Must Enter The Network Before Global Dominance — Here’s What Will Happen

October 3, 2025
edit post
Biglaw Money Is Talking – See Also

Biglaw Money Is Talking – See Also

October 3, 2025
edit post
Trump orders Israel to stop bombing Gaza after Hamas partially accepts his peace plan

Trump orders Israel to stop bombing Gaza after Hamas partially accepts his peace plan

October 3, 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

  • Why Quant MF faltered and how to invest in 2025: Chirag Muni explains
  • US stocks: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session
  • U.S., Europe brands take on the Chinese consumer
  • 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.