Why These 15 Automotive Stocks Have Been Plunging In 2025

Page 7 of 14

8. Tesla Inc (NASDAQ:TSLA)

Number of Hedge Fund Holders In Q4 2024: 126

Tesla Inc (NASDAQ:TSLA) doesn’t really need an introduction as it is the biggest EV company in the U.S.

The stock is down significantly so far in 2025 due to weak global sales, particularly in China and Europe.

Many investors also think Elon Musk is over-investing his time in DOGE, neglecting Tesla and SpaceX. Elon Musk recently said he was running his companies with “great difficulty.” as he now has additional responsibilities.

On top of all that, Tesla experienced significantly lower sales in China and Europe at the start of the year.

The politicization of Tesla has led to attacks on Tesla cars, and this can also deter people from buying the cars.

Regardless, the stock was likely overvalued, and the decline is more of a reversion to the mean.

The consensus price target of $325.81 implies 31.71% upside.

TSLA stock is down 38.28% year-to-date.

Page 7 of 14