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Marjorie Taylor Greene Just Bought More Tesla Stock. Should You?![]() Tesla (TSLA) has built its reputation on innovation, leading in electric vehicles (EVs), energy storage solutions, and autonomous driving technology. It’s the kind of company that lives at the edge of tomorrow, always sparking debate and grabbing headlines. Lately, it has also been grabbing the attention of lawmakers, like U.S. Representative Marjorie Taylor Greene. Despite chairing a House subcommittee that oversees Elon Musk’s government spending cuts, Greene has scooped up Tesla’s shares at least seven times this year. Each buy falls in the $1,001 to $15,000 range, but the pattern is louder than the numbers. Her moves raise a key question for retail investors watching from the sidelines. If a lawmaker is steadily buying TSLA, should you consider plugging in, too? About Tesla StockWith a market cap near $1 trillion, Texas-based Tesla (TSLA) is the world’s largest automaker. Its impact now stretches far beyond cars, spanning automation, energy innovation, and AI-driven technologies. Positioned among the elite “Magnificent Seven” tech giants, Tesla continues to shape the future of mobility and infrastructure. Tesla has rewarded long-term believers handsomely, soaring 1,683% over the past decade. But the ride in 2025 has been far bumpier. The stock now trades nearly 40% below its 52-week high of $488.54, sliding 21% on a YTD basis. Among the Mag 7, it has taken the hardest hit, pressured by softening fundamentals, declining EV sales, rising tariff tensions, and the political shadow of CEO Elon Musk. Tesla’s Q1 Results Fall Short of ProjectionsTesla’s Q1 2025 earnings report on April 22 laid bare a company at a crossroads. Revenue dropped 9.2% year over year to $19.3 billion, adjusted profits plummeted 39% to $934 million, and adjusted EPS slid 40% to $0.27, all below Wall Street’s expectations. Automotive revenue fell 20% annually to $13.97 billion, as global deliveries declined 13% to 336,681 units, missing internal and analyst forecasts. The steep drop in demand - especially in Europe and China - amplified concerns that brand damage, not just factory retooling, is driving the slump. In Europe, Tesla’s sales plunged over 37% even as the EV market expanded, and in China, it continued to lose ground to BYD (BYDDY) and other local players. Back home, its share of the U.S. EV market dropped below 50%, a sharp fall from its former two-thirds dominance. Political fallout surrounding Elon Musk’s involvement with President Donald Trump and his leadership of the Department of Government Efficiency appears to weigh heavily on consumer sentiment. Still, Tesla’s $37 billion in cash and reduced long-term debt offer a cushion. And despite the bleak quarter, the stock rallied over 5% following the earnings call. Investors reacted to Musk’s pledge to reduce his government role and refocus on Tesla, assuring shareholders that he’ll be “only spending a day or two a week” on public affairs. Tesla also reaffirmed two key growth catalysts: production of a more affordable EV set to begin in the first half of the year, and volume production of its Cybercab by 2026. Most notably, the company is on track to pilot its long-delayed robotaxi in Austin this June. With Full Self-Driving (Supervised) still requiring human oversight, the launch marks a critical moment. In a quarter defined by missed expectations, Tesla’s outlook now hinges on regaining trust and executing on autonomy. Analysts tracking Tesla predict 2025 EPS to be around $1.39, down 31.9% year-over-year before surging by 73.4% annually to $2.41 in fiscal 2026. What Do Analysts Expect for Tesla Stock?Tesla’s recent surge is not just market noise but a momentum with a backstory. Wedbush’s Dan Ives, a longtime Tesla bull, did not flinch after the earnings stumble. He stuck to his $350 target, reiterating the “Outperform” rating. What really hit was Elon Musk’s vow to go all-in on Tesla, leaving DOGE distractions behind. For Ives, this signals Tesla’s next chapter: one driven by self-driving tech, robotics, and energy dominance. More broadly, Tesla has a “Hold” rating overall. Of the 41 analysts covering the stock, 16 recommend a “Strong Buy,” two have a “Moderate Buy,” 13 suggest a “Hold,” and the remaining 10 have a “Strong Sell” rating. While the EV stock is currently trading above its mean price target of $283.14, the street-high of $465 implies potential upside of 46%. Marjorie Taylor Greene’s continued purchases of Tesla stock may raise eyebrows, but it’s not a clear-cut signal for retail investors to follow suit. Despite the company’s innovation, TSLA faces pressure from declining sales and political drama. While the stock is currently down this year, its potential, particularly with Musk refocusing on Tesla’s future, hints at a possible rebound. Investors should weigh the risks carefully, balancing optimism with Tesla’s high valuation and recent struggles. On the date of publication, Sristi Suman Jayaswal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. |
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