Tesla's stock is facing increasing headwinds due to disappointing sales, an NHTSA investigation, and lowered analyst expectations. The company's Q4 sales figures fell short of targets, raising concerns about future performance. While Tesla's China sales showed growth, new models and technological advancements are key to its future success. The stock's performance hinges on upcoming earnings reports and the outcome of the NHTSA probe.
Tesla faces mounting challenges, with disappointing sales and an NHTSA probe weighing on the stock. Analysts are lowering expectations as Q4 sales miss targets, raising concerns about further declines. Key support at $360 could determine Tesla ’s next move, with earnings reports adding to the uncertainty.
Tesla’s stock, stubbornly hovering near the $400 mark, faces mounting challenges as the company contends with disappointing sales and an investigation by the National Highway Traffic Safety Administration (NHTSA). After a turbulent year, signs are emerging that Tesla could experience further declines. Amid the Q4 sales slump and scrutiny over its “Actually Smart Summon” feature, analysts are lowering their expectations, with Bank of America shifting its stance from 'Buy' to 'Neutral'. Tesla’s quarterly sales figures for Q4 2024 fell short of expectations, with the company selling 495,570 vehicles—well below the anticipated 512,250. While these results may initially dampen investor optimism, the company's performance in China provides some reason for hope. Tesla saw an 8.8% year-over-year sales increase in the competitive Chinese market, selling 657,000 cars in 2024. As Tesla looks ahead, two new models—one targeting the budget-conscious market—are expected to drive sales in the coming months. Beyond sales figures, Tesla’s future hinges on its technological innovations. The company continues to make strides in Full Self-Driving (FSD) capabilities, with ambitions to equip 23 million cars with this technology by 2030. Another crucial development is the robotaxi service, which BofA analysts believe could be worth $800 billion globally. But not all the news is positive. Tesla is under investigation by the NHTSA over the “Actually Smart Summon” feature, which remotely summons a car. While this probe could affect millions of vehicles, Tesla’s history suggests that software updates may be the ultimate resolution. Tesla’s fundamental indicators continue to paint a bleak picture. InvestingPro’s fair value suggests the stock could be due for a more than 20% correction. Adding to the concern is the projection of a possible decline in net income this year, exacerbated by intensifying competition. As the January 29 earnings report approaches, market watchers are bracing for more signals of a potential downturn. Tesla’s stock is currently moving within a correction pattern, having broken through its local uptrend line. The first major test will come at the $360 support level, which could determine whether the stock is headed for a deeper pullback. A break below this level would open the door for further declines. However, if Tesla manages to rally above $420, it could signal a reversal and a potential breakout to higher levels. As Tesla grapples with these challenges, traders and investors should focus on key technical levels, particularly $360, for clues about the stock’s next move. The upcoming earnings report will be a crucial catalyst in shaping Tesla’s near-term direction
TESLA STOCK MARKET SALES NHTSA EARNINGS INVESTMENTS TECHNOLOGY FULL SELF-DRIVING ROBOTAXI
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NHTSA Opens Investigation into Tesla's 'Smart Summon' Feature After Crash ReportsThe National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Tesla's 'Smart Summon' feature after reports of crashes involving the technology. The investigation focuses on 2.6 million Tesla vehicles and allegations that Tesla failed to report accidents involving the feature, which allows drivers to remotely control their vehicles using a phone app.
Read more »
NHTSA Investigates Tesla's 'Actually Smart Summon' Over Crash IncidentsThe National Highway and Traffic Safety Administration (NHTSA) is investigating Tesla's 'Actually Smart Summon' remote parking feature after several crash incidents were reported. NHTSA says it has received reports of 16 incidents involving Tesla's smart summon feature in 2016-2025 Model S and X vehicles as well as 2017-2025 Model 3s and 2020-2025 Model Ys. The administration's Office of Defects Investigation (ODI) is probing an estimated 2.6 million vehicles with the parking feature.
Read more »
NHTSA Probes Tesla's 'Smart Summon' Feature Over Crash AllegationsThe National Highway Traffic Safety Administration (NHTSA) is investigating Tesla's 'Smart Summon' feature after receiving reports of accidents involving the system. The investigation covers 2.6 million Tesla vehicles and focuses on incidents where the feature failed to recognize obstacles, leading to crashes.
Read more »
NHTSA Investigates Tesla 'Smart Summon' CrashesThe National Highway Traffic Safety Administration (NHTSA) is investigating crashes involving Tesla's 'Smart Summon' technology, which allows drivers to remotely control their vehicles. The probe focuses on 2.6 million Tesla vehicles and follows reports of accidents where the vehicles failed to detect obstacles.
Read more »
NHTSA Investigating Tesla's Smart Summon Feature After Reports of CrashesThe National Highway Traffic Safety Administration (NHTSA) is launching an investigation into Tesla's 'Smart Summon' and 'Actually Smart Summon' features due to safety concerns. The probe will look at the top speed of remote control, connectivity delays, and the software's ability to navigate complex environments. This follows multiple reports of accidents involving these features, prompting concerns about their reliability and safety.
Read more »
NHTSA Investigates Tesla's 'Smart Summon' Feature After 12 Reported CrashesThe National Highway Traffic Safety Administration (NHTSA) is investigating Tesla's 'Smart Summon' feature, which allows drivers to remotely summon their vehicles using a smartphone app, following reports of 12 crashes linked to the technology. The investigation focuses on incidents where Tesla vehicles failed to detect obstacles such as posts and parked cars, resulting in collisions due to insufficient reaction time from users.
Read more »