Stock Market Today, Sept. 25: Tesla Stock Under Pressure Despite Plans to Ramp Semi Truck Production
On Sept. 25, 2026, analysts weighed in, with BNP Paribas cutting its price target to $268, keeping investor focus on near-term earnings expectations.
Overview
Tesla (NASDAQ:TSLA), the global electric-vehicle, battery storage, and autonomous driving systems company, closed at $372.11, down 1.54%. Analyst cuts overshadowed plans for Tesla's Semi Truck production ramp.
Trading volume reached 44.5 million shares, coming in nearly 14% above its three-month average of 39.1 million shares. Tesla IPO'd in 2010 and has grown 23,303% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,743.41, up 0.51%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 27,068.72, up 0.48%. Among electric vehicle and energy storage manufacturing peers, Rivian Automotive (NASDAQ:RIVN) closed at $15.47, up 1.18%, and General Motors (NYSE:GM) closed at $82.63, up 2.56%, highlighting firmer trading in the group.
Details
Tesla held a launch event for its Semi heavy truck in Nevada, marking the beginning of mass production. The timing seems right as the fully electric truck could be in high demand amid soaring diesel prices. CEO Elon Musk touted the lower per-mile electricity costs of the Semi, which can travel 500 miles on a single charge, fully loaded.
Source
Originally published at www.fool.com.