Teslas slump may be over – Breaking News & Latest Updates 2026
Skip to main content
A
Tesla pulls out of a nosedive.

Earlier this year, I said that Tesla was in its flop era. Now, the company is crushing it, posting its biggest gains in almost 11 years, according to Bloomberg. What a difference a few weeks make, when the stock tumbled after the glitzy-but-disappointing robotaxi event. Investors wanted to see signs of life, and they got it in the form of lower material costs, a surging energy business, and increased sales of regulatory credits to lagging automakers. They also said cheaper EVs are coming next year.

Screenshot: Google
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Comments
Loading comments
Getting the conversation ready...