Tesla Inc (NASDAQ: TSLA) shares are rounding out a phenomenal year, delivering gains as much as 250% off the back of decent performance and a favorable macro environment. For example, much of this year’s rally has been fueled by strong investor sentiment following geopolitical developments, including a tight relationship between CEO Elon Musk and President-elect Trump.
Heading into the first week of 2025, investors are watching the Austin headquartered electric vehicle company closely. Tesla shares have cooled slightly alongside broader market consolidation over the past fortnight, but all signs point to it gearing up for another leg higher as we step into 2025. Let’s jump in and take a closer look.
