Tesla's stock has experienced a significant decline of 20% year-to-date due to disappointing financial results and notable market share losses. This decline stands in stark contrast to the S&P 500, which has grown by 5% during the same period. Concerns over Tesla's financial performance are heightened by CEO Elon Musk's controversial behavior, which some argue has negatively impacted the brand's reputation.

Analysts have responded to Tesla's recent challenges by sharply lowering consensus earnings estimates for 2025 and 2026 over the past three months. This adjustment indicates a lack of confidence in Tesla's near-term financial outlook, reflecting the broader market's reaction to the company's struggles.

Despite these setbacks, Tesla's recent launch of its first robotaxi service provides a potential bright spot for the future. This innovative venture is projected to generate significant revenue, possibly reaching hundreds of billions of dollars, which may bolster investor confidence over the long term.