Tesla May Not Be as Bearish as It Looks

Written by: Timothy St. John • Tuesday, June 17, 2025 • 2 min read

• Last updated: Tuesday, June 17, 2025

Tesla is getting ready to launch a new taxi service.

Quick overview

Tesla (TSLA) stock dipped 1.62% on Tuesday, continuing a downtrend despite the upcoming robotaxi service launch.
Over the past month, Tesla stock has decreased by 5.7%, but it has gained 44% over the last three months.
Political support from U.S. President Donald Trump has helped Tesla cut costs and improve profitability despite recent sales challenges.
Investor concerns about the robotaxi launch could impact stock value, but a successful rollout may lead to significant gains.

As Tuesday trading started, Tesla (TSLA) stock took another dip, losing 1.62% and continuing its downtrend for the week despite the imminent launch of its robotaxi service.

Tesla stock is doing better than it appears to be.

It seems like this stock is always dropping, and a mid-range view would somewhat support that feeling. Over the last five days, Tesla stock has been very erratic but has dropped overall, losing 1.67%. If we expand the view to look at its monthly progress, we can see that the stock has moved much further- down 5.7%.

However, once we expand the view to consider the last three months of movement for the stock, Tesla is looking much better. This stock has actually gained 44%, making it one of the better performers in that period.

How Can Tesla be Ahead?

Despite strong political backlash against Tesla and more particularly its CEO Elon Musk, and despite flagging sales over the last year, Tesla stock is way up for the past few months. This seems impossible except for the fact that Tesla CEO Musk has been closely partnered with U.S. President Donald Trump. The regulations and bills he has approved have helped Tesla cut its costs and become more profitable, and there is hope that Trump’s actions will benefit the company even more further down the line.

Tesla has also retained a large portion of the market share for electric vehicles, despite losing a chunk of its market share in 2025. What this stock has going for it as well is that when it surges, it really moves, and when it dips, it does not stay down for long and manages to regain a lot of lost ground quickly.

Tesla is appearing to launch its robotaxi service perhaps as soon as June 22nd, and there is fear from investors about how well that will go. There may be a delay to the launch or the launch may not go smoothly, and either scenario will devalue the stock price. However, if the launch goes well and Tesla is able to expand its service to other cities quickly, we could see Tesla stock move much higher this year.

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ABOUT THE AUTHOR See More

Timothy St. John

Financial Writer - European & US Desks

Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.