{"id":4509,"date":"2026-04-16T15:17:20","date_gmt":"2026-04-16T15:17:20","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4509"},"modified":"2026-04-16T15:17:20","modified_gmt":"2026-04-16T15:17:20","slug":"tesla-stock-in-the-red-today-after-wednesdays-7-surge-whats-going-on","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4509","title":{"rendered":"Tesla stock in the red today after Wednesday&#8217;s 7% surge: what&#8217;s going on?"},"content":{"rendered":"<div><\/div>\n<p>Shares of Tesla are on track to break an eight-week losing streak, though the stock pulled back slightly in early trading on Thursday as investors turned their attention to the company\u2019s upcoming earnings and longer-term strategy.<\/p>\n<p>The stock fell around 1.6% to $384.91, even as the S&amp;P 500 and the Dow Jones Industrial Average moved higher.<\/p>\n<h2 class=\"wp-block-heading\">Rally positions Tesla for weekly gains<\/h2>\n<p>The decline follows a sharp rally <a href=\"https:\/\/invezz.com\/news\/2026\/04\/15\/tesla-stock-is-surging-around-4-today-is-it-time-to-buy\/\">in the previous session<\/a>, when Tesla shares jumped around 7.4%\u2014their strongest single-day gain since June 2025\u2014amid a broader rebound in growth stocks.<\/p>\n<p>Chief Executive Officer Elon Musk also posted an image of new Tesla chip hardware, which appeared to contribute to positive investor sentiment.<\/p>\n<p>The recent surge has left Tesla stock up 12.1% for the week, effectively ensuring it will snap an eight-week losing streak that had seen shares fall about 16%.<\/p>\n<h2 class=\"wp-block-heading\">Earnings in focus<\/h2>\n<p>Investor attention is now shifting to Tesla\u2019s first-quarter earnings report, scheduled for April 22.<\/p>\n<p>Given the scale of retail participation in Tesla stock, investors globally will be closely tracking its moves on their\u00a0<a href=\"https:\/\/invezz.com\/invest\/best-investment-platform\/\">online investment apps<\/a>\u00a0ahead of the company&#8217;s earnings.<\/p>\n<p>Wall Street expects earnings per share of 38 cents, compared with 27 cents in the same period a year ago. <\/p>\n<p>The anticipated increase is partly driven by higher vehicle deliveries, which rose to approximately 358,000 units in the first quarter of 2025 from 337,000 previously.<\/p>\n<p>However, market participants are likely to focus less on near-term financials and more on management commentary regarding Tesla\u2019s artificial intelligence initiatives, including robo-taxis and humanoid robotics.<\/p>\n<h2 class=\"wp-block-heading\">Cybertruck demand raises questions<\/h2>\n<p>Separate data has raised concerns about the strength of demand for Tesla\u2019s Cybertruck.<\/p>\n<p>According to a Bloomberg report citing S&amp;P Global Mobility data, SpaceX accounted for 1,279 Cybertruck registrations in the United States during the fourth quarter\u2014more than 18% of the total 7,071 vehicles registered during the period. <\/p>\n<p>Other companies linked to Musk, including xAI, The Boring Company, and Neuralink, acquired an additional 60 vehicles.<\/p>\n<p>These internal purchases suggest that nearly one in five Cybertrucks registered during the quarter were sold within Musk\u2019s broader business network. <\/p>\n<p>Without these transactions, registrations would have declined by 51%, highlighting potential weakness in consumer demand less than two years after the vehicle\u2019s launch.<\/p>\n<h2 class=\"wp-block-heading\">AI strategy drives valuation narrative<\/h2>\n<p>Despite questions around its core automotive business, Tesla\u2019s valuation continues to hinge largely on its ambitions in artificial intelligence.<\/p>\n<p>The company is expected to expand its robo-taxi service, first launched in Austin, Texas, in June, and to unveil a new generation of its Optimus humanoid robot. <\/p>\n<p>Progress on these initiatives is seen as critical, with much of Tesla\u2019s estimated $1.6 trillion valuation tied to expectations of future AI-driven earnings growth.<\/p>\n<p>Tesla is also taking early steps toward building out its semiconductor capabilities through its proposed \u201cTerafab\u201d initiative.<\/p>\n<p>Executives have approached suppliers, including Applied Materials, Tokyo Electron, and Lam Research, to gather pricing and delivery timelines for chipmaking equipment, as per a Bloomberg report.<\/p>\n<p>The effort spans a wide range of tools, including photomasks, substrates, etchers, deposition systems, and testing equipment.<\/p>\n<p>Tesla has also sought support from Samsung Electronics, which instead reportedly proposed allocating additional manufacturing capacity at its planned facility in Taylor, Texas.<\/p>\n<p>Meanwhile, Intel has indicated it will participate in the initiative, with Chief Executive Officer Lip-Bu Tan sharing an image of Musk during a recent visit to the company\u2019s Santa Clara office.<\/p>\n<h3 class=\"wp-block-heading\"><audio autoplay=\"\"><\/audio><\/h3>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/04\/16\/tesla-stock-in-the-red-today-after-wednesdays-7-surge-whats-going-on\/\">Tesla stock in the red today after Wednesday&#039;s 7% surge: what&#039;s going on?<\/a> appeared first on <a href=\"https:\/\/invezz.com\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Tesla are on track to break an eight-week losing streak, though the stock pulled back slightly in early trading on Thursday as investors turned their attention to the company\u2019s upcoming earnings and longer-term strategy.The stock fell around 1.6% to $384.91, even as the S&amp;P 500 and the Dow Jones Industrial Average moved higher.Rally&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4509"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4510"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}