Tesla Inc stock experienced an early session dip in line with broader market weakness following a surprisingly soft U.S. jobs report. Here’s what investors need to know.
Key Points to Consider
- The U.S. jobs report revealed a significant slowdown in hiring and disappointing downward revisions for previous months, sending a wave of economic uncertainty through the markets and initially dragging down equities, including high-growth names like Tesla.
- However, investor focus will likely remain on Tesla’s long-term artificial intelligence ambitions.
- The company’s recent announcement of a landmark $16.5 billion multiyear deal with Samsung Electronics to produce its next-generation AI6 chip in Texas has been a significant point of interest.
Tesla’s AI Ambitions
This new chip is expected to be a crucial component for Tesla’s future products, including the Robotaxi and the Optimus bot, and is seen by analysts as a valuable opportunity for the company to gain hands-on foundry experience.
Recent Earnings Report
The company’s second-quarter earnings report missed Wall Street estimates on revenue and earnings, but Tesla reaffirmed that new, more affordable models are still planned for the second half of 2025.
Analyst Ratings
RBC Capital maintained an Outperform rating on the stock, raising its price target to $325, citing significant upside from non-automotive segments such as robotaxis and humanoid robots. This optimism is supported by a long-term bullish outlook from Morgan Stanley, which has predicted the self-driving industry could become a $200 billion market by 2030.
Technical Profile
According to stock rankings, Tesla shows a mixed but largely positive technical profile. The company scores strongly on Quality, Momentum, and Growth. However, the stock is rated very poorly on its Value score, suggesting it may be considered overvalued by some metrics.
Price Action
TSLA shares are trading lower, with a 52-week high and a 52-week low. The price trend data reflects a negative short-term trend, but a positive outlook for both the medium and long term.
How to Buy TSLA Stock
Besides going to a brokerage platform to purchase a share of stock, you can also gain access to shares by:
- Buying an exchange-traded fund (ETF) that holds the stock
- Allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument
For example, in Tesla’s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.