Tesla (NASDAQ:TSLA) ripped a gain of 8.0% in early trading on Wednesday as the electric vehicle stock looks to cut into its sharp 2025 decline. The EV stock is still down more than 48% from its highest trading level over the last year,

After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) have been battered over for nearly three months now. To start 2025, the largest U.S. EV-maker has seen its shares drop more than 53% at the time of writing.

It's been a volatile and interesting year for Tesla ( TSLA -0.30%) stock, its CEO, Elon Musk, and its various businesses. The stock has traded as low as $142 and as high as $480 per share over the past 12 months.

In today's big story, Wall Street assumed that the stock market would act as a check on Donald Trump's new administration. That isn't panning out. What's on deck Markets: February was a bad month for big-name hedge funds.

The U.S. stock market is falling further following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set just a few weeks ago

Wall Street keeps shaking because of tariffs. After jumping to a big early gain on an encouraging inflation update, the U.S. stock market lost all of it after other countries announced their retaliations following President Donald Trump's latest escalation in his trade war.