Tesla (TSLA): Europe Sales Are ‘Turned Around’ as Stock Eyes $400
The US stock market has been struggling to find any kind of consistency thus far in 2025. With increased macroeconomic concerns and geopolitical tensions, uncertainty is abounding. Yet, with a positive reversal incoming, Tesla (TSLA) CEO Elon Musk has said that Europe sales are “turning around” as the stock eyes a jump to $400.
Tesla has caught the ire of some consumers throughout the first few months of the year. Indeed, Elon Musk’s affiliation with the Trump administration had the company caught in a brand crisis. That appears to be behind the firm, as he has stated his intention to lessen his participation with the DOGE commission. Since then, the stock has rallied in what could be a notable turnaround for the Magnificent 7 firm.
Also Read: Kraken to Offer Tokenized Stocks for Apple, Tesla, & Nvidia
Tesla CEO Elon Musk Speaks on Europe Sales as Stock Bounces Back
The SU stock market’s pattern of volatility continued after Memorial Day kicked off the official start to summer. After falling for several weeks, the Dow Jones Index jumped 600 points on Tuesday. Moreover, it represented a change of fortune for the market as a whole.
That has specifically affected one of the most prominent companies in the world. Indeed, Tesla has recently disclosed that Europe sales are turning around after a dismal start to the year, as the stock eyes a jump to the $400 level.
Also Read: Tesla (TSLA) Gets 70% Upside, But It Hinges on One $1.7T Market
Tesla sales fell by 49% in April, according to the European Automobile Manufacturers Association (ACEA) on Tuesday. Moreover, the market share plummeted to 0.7%, along with global deliveries that came in well below the 390,342 expectations.
Speaking on the earnings call, CEO Elon Musk said that the company’s European business is “already turned around.” Moreover, he noted that the area is their “weakest market,” while ensuring that the firm is “strong everywhere else.”
The stock barreled through the $350 mark Tuesday, jumping more than 6%. Indeed, all eyes are now set on the $400 mark as it looks to continue its 26% surge over the past 30 days. Currently, the stock has a bullish projection at $500, up 39% from its current position, according to CNN data.
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Tesla (TSLA): Europe Sales Are ‘Turned Around’ as Stock Eyes $400
The US stock market has been struggling to find any kind of consistency thus far in 2025. With increased macroeconomic concerns and geopolitical tensions, uncertainty is abounding. Yet, with a positive reversal incoming, Tesla (TSLA) CEO Elon Musk has said that Europe sales are “turning around” as the stock eyes a jump to $400.
Tesla has caught the ire of some consumers throughout the first few months of the year. Indeed, Elon Musk’s affiliation with the Trump administration had the company caught in a brand crisis. That appears to be behind the firm, as he has stated his intention to lessen his participation with the DOGE commission. Since then, the stock has rallied in what could be a notable turnaround for the Magnificent 7 firm.
Also Read: Kraken to Offer Tokenized Stocks for Apple, Tesla, & Nvidia
Tesla CEO Elon Musk Speaks on Europe Sales as Stock Bounces Back
The SU stock market’s pattern of volatility continued after Memorial Day kicked off the official start to summer. After falling for several weeks, the Dow Jones Index jumped 600 points on Tuesday. Moreover, it represented a change of fortune for the market as a whole.
That has specifically affected one of the most prominent companies in the world. Indeed, Tesla has recently disclosed that Europe sales are turning around after a dismal start to the year, as the stock eyes a jump to the $400 level.
Also Read: Tesla (TSLA) Gets 70% Upside, But It Hinges on One $1.7T Market
Tesla sales fell by 49% in April, according to the European Automobile Manufacturers Association (ACEA) on Tuesday. Moreover, the market share plummeted to 0.7%, along with global deliveries that came in well below the 390,342 expectations.
Speaking on the earnings call, CEO Elon Musk said that the company’s European business is “already turned around.” Moreover, he noted that the area is their “weakest market,” while ensuring that the firm is “strong everywhere else.”
The stock barreled through the $350 mark Tuesday, jumping more than 6%. Indeed, all eyes are now set on the $400 mark as it looks to continue its 26% surge over the past 30 days. Currently, the stock has a bullish projection at $500, up 39% from its current position, according to CNN data.
Read More