{"id":2974,"date":"2026-07-13T16:44:05","date_gmt":"2026-07-13T16:44:05","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2026\/07\/13\/why-tesla-stock-is-down-over-3-on-monday\/"},"modified":"2026-07-13T16:44:05","modified_gmt":"2026-07-13T16:44:05","slug":"why-tesla-stock-is-down-over-3-on-monday","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2026\/07\/13\/why-tesla-stock-is-down-over-3-on-monday\/","title":{"rendered":"Why Tesla stock is down over 3% on Monday"},"content":{"rendered":"
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Tesla stock (TSLA) fell more than 3% on Monday as investors continued to wait for further progress in the company’s artificial intelligence initiatives.<\/p>\n

The electric-vehicle maker’s stock traded at $393.56 during Monday’s session.<\/p>\n

The broader market also came under pressure after President Donald Trump announced<\/a> he was reinstating what he described as a blockade on Iranian shipping through the Strait of Hormuz.<\/p>\n

The S&P 500 fell 0.4%, while the Nasdaq Composite lost 1%. The Dow Jones Industrial Average declined 132 points, or 0.3%.<\/p>\n

Trump said in a post on Truth Social: \u201cWe are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran\u2019s ships or customers from entering or leaving.\u201d<\/p>\n

Investors await AI milestones<\/h2>\n

Tesla investors have increasingly focused on the company’s artificial intelligence strategy, particularly the rollout of its autonomous robotaxi service and the commercialization of its Optimus humanoid robot.<\/p>\n

The company launched its robotaxi service in Austin, Texas, in June 2025. While the launch generated significant attention, the expansion has progressed gradually. <\/p>\n

The service now operates in several cities but remains substantially smaller than Alphabet’s Waymo.<\/p>\n

Tesla has yet to begin commercial sales of Optimus, although it is preparing manufacturing capacity for the humanoid robot.<\/p>\n

On Friday, the company released a video showing the decommissioning of the Model S and Model X production lines at its Fremont, California, facility. <\/p>\n

According to Tesla, the process of removing tooling and infrastructure took less than seven weeks, allowing the factory to prepare for Optimus production while continuing to manufacture Model 3 and Model Y vehicles.<\/p>\n

Tesla announced in January that it would discontinue production of the Model S and Model X to repurpose manufacturing capacity for robots. Chief Executive Elon Musk has described humanoid robots as a multi-trillion-dollar opportunity.<\/p>\n

Despite those plans, investors continue to await updates on the latest version of Optimus as competing robotics companies.<\/p>\n

Tesla is expected to provide additional updates on Optimus when it reports second-quarter earnings on July 22.<\/p>\n

Wall Street analysts are raising price targets<\/h2>\n

Jefferies raised its price target on Tesla to $400 from $375 while maintaining a Hold rating, citing the company’s stronger-than-expected second-quarter automotive deliveries<\/a>.<\/p>\n

Tesla reported second-quarter deliveries of 480,126 vehicles, including 467,800 Model 3 and Model Y units, exceeding the consensus estimate of around 410,000 vehicles.<\/p>\n

Following the delivery results, Jefferies increased its second-quarter earnings before interest and taxes estimate to $1.45 billion, representing a 5.1% margin.<\/p>\n

The firm also increased its automotive revenue forecast to $21 billion, including $250 million in zero-emission vehicle credits and $500 million in leasing revenue. <\/p>\n

Jefferies expects total group revenue of $28.7 billion and group EBIT of $1.45 billion for the quarter.<\/p>\n

Earlier this month, RBC Capital raised its price target on Tesla to $500 from $475, incorporating a premium tied to a potential merger with SpaceX while also updating its standalone valuation for the automaker.<\/p>\n

Analyst Tom Narayan said the revised target reflects “a 25-30% premium to current trading levels (and a 15% premium to the stock’s intrinsic value) owing to a potential SpaceX acquisition scenario based on unconfirmed media reports.”<\/p>\n

According to RBC, the most likely transaction structure would involve an all-stock acquisition in which SpaceX acquires Tesla at a 20% to 30% premium. <\/p>\n

The firm said the rationale centers on operational collaboration, including proprietary chip manufacturing, Megapacks for data center energy requirements, and joint AI training and fleet management services.<\/p>\n

RBC also said Tesla shareholders would likely require a premium because Musk “would control 50%+ of a combined entity, well above the ~20% stake he currently holds in Tesla.”<\/p>\n

Excluding any potential SpaceX acquisition premium, RBC valued Tesla at $435 per share. <\/p>\n

Within that valuation, Narayan increased the firm’s robotaxi segment valuation by 20%, citing a higher forecast for the global robotaxi fleet and describing the business as “currently Tesla’s most robust opportunity” within a $4.2 trillion total addressable market.<\/p>\n

The post Why Tesla stock is down over 3% on Monday<\/a> appeared first on Invezz<\/a><\/p>\n

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Tesla stock (TSLA) fell more than 3% on Monday as investors continued to wait for further progress in the company’s artificial intelligence initiatives.The electric-vehicle maker’s stock traded at $393.56 during Monday’s session.The broader market also came under pressure after President Donald Trump announced he was reinstating what he described as a blockade on Iranian shipping…<\/p>\n","protected":false},"author":1,"featured_media":2975,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=2974"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/2975"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=2974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=2974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=2974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}