{"id":4539,"date":"2026-04-20T15:18:00","date_gmt":"2026-04-20T15:18:00","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4539"},"modified":"2026-04-20T15:18:00","modified_gmt":"2026-04-20T15:18:00","slug":"tesla-stock-slips-2-on-monday-after-last-weeks-rally-heres-why","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4539","title":{"rendered":"Tesla stock slips 2% on Monday after last week’s rally: here’s why"},"content":{"rendered":"
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Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets.<\/p>\n

The move came as investors turned cautious ahead of the company\u2019s first-quarter earnings report and awaited updates on its artificial intelligence strategy.<\/p>\n

The stock\u2019s decline came even as the Dow Jones Industrial Average slipped just 0.1%, while the S&P 500 fell 0.2% and the Nasdaq Composite declined 0.4%.<\/p>\n

Pullback follows strong weekly rebound<\/h2>\n

The weakness follows a strong rebound in Tesla shares last week, when the stock rose nearly 15%<\/a> to snap an eight-week losing streak. <\/p>\n

Despite the recovery, shares remain down about 7% since the company reported fourth-quarter results in late January.<\/p>\n

Tesla\u2019s earlier gains were supported<\/a> by a broader market rally, with the S&P 500 rising 4.5% as oil prices eased on expectations that the Iran conflict could move toward resolution.<\/p>\n

Tesla earnings in focus<\/h2>\n

Investor attention is now centred on Tesla\u2019s upcoming first-quarter results, due later this week.<\/p>\n

Wall Street expects earnings per share of 36 cents on revenue of $22.3 billion. <\/p>\n

A year earlier, Tesla reported earnings of 27 cents per share on revenue of $19.5 billion.<\/p>\n

The projected growth reflects higher vehicle deliveries, which reached approximately 358,000 units in the first quarter of 2026, up from about 337,000 in the same period last year. <\/p>\n

However, expectations for the core electric vehicle business remain subdued, with broader industry demand facing headwinds.<\/p>\n

US electric vehicle demand has weakened following policy changes. <\/p>\n

President Donald Trump eliminated the $7,500 EV purchase tax credit in September, contributing to a 27% year-on-year decline in all-electric vehicle sales.<\/p>\n

EVs now account for less than 6% of total new car sales, down from more than 10% in the third quarter, when buyers accelerated purchases ahead of the tax credit\u2019s expiration.<\/p>\n

These trends have weighed on sentiment toward Tesla\u2019s automotive business, even as delivery volumes have increased.<\/p>\n

Given the scale of retail participation in Tesla stock, investors globally will be closely tracking its moves on their\u00a0online investment apps<\/a>\u00a0ahead of the company’s earnings.<\/p>\n

AI strategy remains central to valuation<\/h2>\n

Despite concerns around EV demand, Tesla\u2019s valuation continues to be driven primarily by expectations around its artificial intelligence initiatives.<\/p>\n

Investors are expected to focus on updates related to robo-taxis and humanoid robotics when the company reports earnings. <\/p>\n

Tesla has indicated plans to significantly expand its robo-taxi service, initially launched in Austin, Texas, though progress has been gradual.<\/p>\n

The pace of expansion has been a key factor behind the stock\u2019s decline earlier this year, with shares down 11% year-to-date heading into Monday\u2019s session.<\/p>\n

Analysts on Tesla stock<\/h2>\n

Over the weekend, Tesla expanded its robotaxi operations to Houston and Dallas, marking its first geographic expansion since launching in Austin and San Francisco.<\/p>\n

According to Morgan Stanley, the rollout represents a notable shift, with vehicles operating without in-car human safety monitors\u2014unlike earlier deployments.<\/p>\n

The firm maintained an Equalweight rating and a $415 price target, noting that the expansion signals tangible progress at a time when investor scepticism had been increasing.<\/p>\n

Analyst sentiment remains mixed ahead of earnings. Jefferies raised its price target on Tesla to $350 from $300 while maintaining a Hold rating, citing improved medium-term growth expectations.<\/p>\n

The firm expects first-quarter revenue of $21.2 billion, up 10% year-on-year but down 15% sequentially.<\/p>\n

It also forecasts a decline in core automotive gross margins to 15.5% from 17.2% in the previous quarter, reflecting lower volumes and higher depreciation and amortisation costs.<\/p>\n

The post Tesla stock slips 2% on Monday after last week's rally: here's why<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets.The move came as investors turned cautious ahead of the company\u2019s first-quarter earnings report and awaited updates on its artificial intelligence strategy.The stock\u2019s decline came even as the Dow Jones Industrial Average slipped just 0.1%, while the S&P 500 fell 0.2% and…<\/p>\n","protected":false},"author":1,"featured_media":4540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4539","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\/4539","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=4539"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4540"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}