Tesla (NASDAQ:TSLA) has been a roller coaster. Shares have endured several 20% to 30% drops over the past five years, but shares have also been up by more than 1,000% during that time. Shares have also more than doubled over the past year.

Wall Street banks expect Tesla’s vehicle sales to grow much more slowly this year than co-founder Elon Musk has forecast, as Donald Trump seeks to dismantle Biden-era climate policies that favour electric vehicles.

Fact checked by Giselle Cancio Elon Musk is one of the wealthiest individuals on the planet. As of December 2024, Musk's net worth surpassed $400 billion. He has reportedly stated that he plans to pass on the shares of his companies,