Overview

• Tesla’s market capitalization has fallen 29.3% this year to $917 billion, making it the worst-performing large-cap stock of 2025.
• Shares plunged over 14% on June 5 after Musk publicly criticized President Trump’s budget bill and Trump threatened to end government contracts.
• Tesla stock rebounded about 4% in premarket trading on June 6 following news of a White House-brokered peace call with Musk.
• The company faces intensified competition from lower-cost Chinese EV firms such as BYD and has seen operating margins shrink into the mid-single digits.
• Analysts say Tesla’s planned robotaxi service launch in Austin later this month could provide a fresh catalyst for its shares.