Here is the bottom line: Tesla is a risky investment because its future is essentially binary. Either it disrupts the mobility and labor markets with artificial intelligence (AI) products, in which case the company becomes much more valuable. Or else it fails to disrupt the those markets, in which case it becomes much less valuable.

Tesla stock bobbed up and down on Wednesday as news about tariffs and sales whipsawed shares. Positive news from President Donald Trump, developments on the trade front, and U.S. sales data were on the positive side of the ledger.

Tesla’s (TSLA) stock plunge extended into March following February’s 28% decline — the steepest monthly drop since December 2022. The EV maker’s shares have continued to fall in March, pushing its market cap below $900 billion despite CEO Elon Musk's bold claim that a "1,

Tesla (NASDAQ: TSLA) has been a wild ride over the last few months. Shares of the electric vehicle (EV) maker soared following the election of President Donald Trump in November as CEO Elon Musk closely aligned himself with Trump during the campaign.