Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.

Tesla just reported its second consecutive year of declining revenue and profits, further complicating Elon Musk’s $1 trillion effort to transform his company into a leader in AI and robotics. Meanwhile, the global EV market continues to grow, seemingly in spite of the pioneering company’s setbacks.

Basically, driving a car like the Model S isn’t the future, but a car driving you is. In a first for the company, Tesla revealed it has 1.1 million paying subscribers for its full self-driving (FSD) business.

Key Points Tesla deliverables are down year-over-year, and it continues facing headwinds in the U.S. and European markets. As CEO Elon Musk’s feud with President Trump continues, the stock has seen heightened volatility.

TSLA stock pulled back after a minor record high, but higher swing lows and recovered averages suggest the stock is positioned for a continuation toward new breakout targets.

A 2023 Model Y Performance owner is warning others after a cross-country towing trip saw his range plummet to just 70 miles per charge.