Tesla Stock Daily Drive

## Tesla (TSLA) Daily Stock Movement — July 8, 2025

### 1. Intraday Performance and Volume
On Tuesday, July 8, 2025, Tesla’s shares closed at $297.81, up $3.87 or 1.32% from Monday’s close of $293.94. The stock opened at $296.88, traded as high as $304.05 and as low as $294.44, reflecting an intraday trading range of approximately 3.26%. Volume totaled 101,191,776 shares, modestly below Monday’s 130.12 million but remaining well above Tesla’s 20-day average, indicating sustained investor interest in the wake of recent volatility ([stockinvest.us](https://stockinvest.us/stock-price/TSLA?utm_source=chatgpt.com), [investing.com](https://www.investing.com/equities/tesla-motors-historical-data?utm_source=chatgpt.com)).

Compared with recent sessions, Tuesday’s gain marked a rebound following Monday’s 6.79% sell-off, the stock’s steepest single-day decline in roughly a month. Over the past month (June 9–July 8), TSLA has ranged between a low of $281.85 and a high of $357.47, with an average closing price near $320.12 ([investing.com](https://www.investing.com/equities/tesla-motors-historical-data?utm_source=chatgpt.com)).

### 2. Comparison to Prior Session
Monday’s sharp decline (–6.79% to $293.94) stemmed largely from heightened market concerns over U.S. trade policy and a re-ignited feud between Tesla CEO Elon Musk and former President Donald Trump. On Tuesday, after U.S. President Trump announced a 50% tariff on imported copper and reaffirmed impending levies on semiconductors and pharmaceuticals, broader markets stabilized. This allowed Tesla—and other large-cap tech stocks—to recoup some losses ([reuters.com](https://www.reuters.com/business/finance/goldman-sachs-lifts-sp-500-return-forecasts-fed-outlook-large-cap-stocks-2025-07-08/), [reuters.com](https://www.reuters.com/business/finance/goldman-sachs-lifts-sp-500-return-forecasts-fed-outlook-large-cap-stocks-2025-07-08/?utm_source=chatgpt.com)).

### 3. Broader Market Context
- **Trade Uncertainty**: Wall Street began the week with caution after Trump’s warnings of sweeping new tariffs on goods from key trading partners. While Monday saw equities slump, investors on Tuesday adopted a “wait-and-see” stance, focusing on upcoming Fed minutes from its June meeting for further clues on monetary policy direction ([reuters.com](https://www.reuters.com/business/finance/goldman-sachs-lifts-sp-500-return-forecasts-fed-outlook-large-cap-stocks-2025-07-08/)).
- **Index Performance**: On July 8, the Dow Jones Industrial Average fell 0.37%, the S&P 500 dipped 0.07%, and the Nasdaq Composite inched up 0.03%, underscoring a defensive tilt in portfolios as the Q2 earnings season approaches ([reuters.com](https://www.reuters.com/business/finance/goldman-sachs-lifts-sp-500-return-forecasts-fed-outlook-large-cap-stocks-2025-07-08/)).

### 4. Company-Specific Drivers

#### 4.1 Political and Regulatory Factors
Tesla’s share price volatility in early July has been influenced by the political crossfire surrounding EV incentives. On July 3, legislation was signed that accelerates the expiration of federal EV tax credits to September 30, 2025—seven years earlier than previously scheduled under the Inflation Reduction Act. Analysts warn the removal of the $7,500 consumer credit could shave as much as $1.2 billion in annual operating income from Tesla once expired, potentially dampening consumer demand in 2026 ([reuters.com](https://www.reuters.com/sustainability/us-electric-vehicle-tax-breaks-will-expire-sept-30-2025-07-03/?utm_source=chatgpt.com), [morningstar.com.au](https://www.morningstar.com.au/stocks/tesla-shares-fall-us-law-set-eliminate-ev-tax-credits-early?utm_source=chatgpt.com)).

Additionally, Elon Musk’s public clashes with former President Trump over the “Big Beautiful Bill” and EV subsidies escalated on July 8, when Musk taunted a prominent bull, Dan Ives of Wedbush, on social media. Ives had urged Tesla’s board to enact governance measures and clarify Musk’s commitments, while Musk shot back simply: “Shut up, Dan,” exemplifying how corporate governance debates can spill into market-moving headlines ([teslarati.com](https://www.teslarati.com/tesla-stock-soars-16-in-1-day/?utm_source=chatgpt.com)).

#### 4.2 Analyst Commentary
- **Dan Ives (Wedbush)**: Advocated for a new incentive-driven pay package to boost Musk’s voting power to ~25%, established “guardrails” on Musk’s time commitment, and formed an oversight committee for his political activities—aimed at stabilizing investor confidence and facilitating an eventual xAI merger ([teslarati.com](https://www.teslarati.com/tesla-stock-soars-16-in-1-day/?utm_source=chatgpt.com)).
- **Morningstar (Seth Goldstein, CFA)**: Assigned Tesla a “★★★” fair value estimate of $250, warning of “very high” uncertainty due to the sudden subsidy cliff and Musk’s political distractions. Morningstar also noted the shares fell 6.79% on July 7 as markets priced in the subsidy removal risk ([morningstar.com.au](https://www.morningstar.com.au/stocks/tesla-shares-fall-us-law-set-eliminate-ev-tax-credits-early?utm_source=chatgpt.com)).

### 5. Recent Trend and Technical Snapshot
- **Technical Levels**: Following its June peak near $357.47, TSLA has retraced below key moving averages (50-day, 100-day), maintaining a bearish chart pattern, though Tuesday’s rebound above $297 may offer short-term relief if it can sustain momentum above the $300 threshold ([aol.com](https://www.aol.com/finance/tesla-stock-chart-still-screams-124545417.html?utm_source=chatgpt.com)).
- **Volume Analysis**: Despite the lower trading volume compared with Monday, Tuesday’s activity remained elevated. The decline in volume on the recovery day suggests some investors may be taking profits or awaiting clearer signals before reentering positions.

### 6. Looking Ahead
- **Catalysts**:
- **Fed Minutes**: The release of minutes from the U.S. Federal Reserve’s June meeting on Wednesday, July 9, could shed light on the timing of future rate cuts—a key driver for growth-oriented stocks like Tesla.
- **Earnings Season**: Tesla’s Q2 earnings report, expected in late July, will be scrutinized for guidance on margins, volume growth (especially in China and Europe), and comments on the subsidy cliff.
- **Trade Developments**: Any clarifications or reversals in U.S. tariff policy may spill over into sector sentiment, influencing both automotive suppliers and technology names.

- **Risks**:
- **Subsidy Expiration**: The impending loss of tax credits poses a near-term headwind to unit sales and margins, especially in price-sensitive consumer segments.
- **Political Distraction**: Ongoing public debates and Musk’s political pursuits may continue to overshadow Tesla’s core automotive and energy businesses, potentially deterring long-term investors seeking operational focus.

In sum, July 8’s modest recovery for Tesla stocks must be viewed against a backdrop of significant policy headwinds, political theater, and broader market caution. Investors will closely watch this week’s economic and regulatory developments to gauge whether Tuesday’s bounce marks the start of stabilization or merely a temporary reprieve in a volatile tape.