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For the year so far, Tesla (TSLA) stock has witnessed significant volatility. In April, the stock touched lows of $222. There has been a meaningful rally from those levels, with TSLA stock currently trading at $439.
Amidst the rally, there have been multiple concerns that include sales growth deceleration and margin compression. In particular, the company’s Cybertruck sales have disappointed. For Q3 2025, Tesla sold only 5,400 Cybertruck pickup trucks.