Key Takeaways Tesla shares fell Tuesday, with the stock losing about a third of its value since the start of 2025.Bank of America lowered its price target for the stock, pointing to concerns about tariffs,

Tesla stock rise early Tuesday, along with other auto makers, as investors look for a deal on import tariffs with Canada and Mexico.

Elon Musk’s first full month in the White House has been anything but smooth for Tesla. Just a month after Trump’s inauguration—and with Musk now at the helm of the Department of Government Efficiency—Tesla’s fortunes have reversed.

The Tesla stock price has imploded this year, making it one of the worst-performing companies in the Nasdaq 100 indices. TSLA has dropped in the last five consecutive weeks and is hovering near its lowest level since November 4.