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It has been an increasingly volatile year for the US stock market, while the Magnificent 7 has been hit especially hard. However, things began turning around in a big way in the last two weeks. Amid that rebound, Tesla (TSLA) has emerged as a key player, with one expert saying the stock is now facing 40% upside this year. The company had been experiencing a stark downturn since the start of the year, mostly because of a brand crisis taking place. Widespread consumer protests and a divisive CEO in Elon Musk had many worried about its 2025 prospects. Yet, the EV manufacturer may finally be turning the corner. Moreover, it may have even more gains set to be on the way. Source: Bitcoin.com Also Read: Tesla (TSLA) Faces “Code Red” : What Can Hold the Stock Back? Tesla Eyes Continued Rebound as Analysts Have High Hopes For One Big Reason This week, Tesla unveiled its Q1 earnings report, and the data certainly underperformed. That didn’t harm the stock, however, as this share price had a...

With Tesla’s highly anticipated Q3 earnings call taking place Tuesday, Elon Musk doubled on the Robotaxi product, while the report itself has driven TSLA up 17% Wednesday. Talking to reporters, Musk reaffirmed the commitment to the product while noting that deviations from it are highly unlikely. When asked about the release of a “$25,000 non-robotaxi regular car model,” Musk called the idea “pointless.” Indeed, he appeared to be all in on the autonomous vehicle. Yet, that doesn’t seem to be hiring the company’s stock, as it has skyrocketed in the last 24 hours. Source: Bloomberg Also Read: Tesla (TSLA) Says None of Its $763M Bitcoin Was Sold in Q3 2024 Elon Musk Calls Non-Autonomous EV ‘Pointless’ Amid Robotaxi Hype This week, Tesla (TSLA) proved once again why it sits atop the EV manufacturing market. The company was slated to release its Q3 earnings. Although there was some trepidation among investors, the company outperformed nea...