New York, January 5, 2026, 16:08 EST — After-hours
- Tesla shares rose about 3.3% on Monday, snapping a seven-session losing streak.
- Traders continued to weigh a recent deliveries miss and the impact of a U.S. EV tax credit expiry.
- Investors are looking ahead to CES headlines on autonomy and Tesla’s late-January earnings.
Tesla (TSLA.O) shares rose about 3.3% on Monday and were last at $452.37, snapping seven straight sessions of losses. The move came as Wall Street climbed, with the Dow hitting a record and investors looking ahead to Friday’s U.S. nonfarm payrolls report.
For Tesla, the swing matters because the stock is trading on more than near-term car demand. Investors have been quick to reward any sign that enthusiasm around autonomy, robotics and energy storage is holding up even as the core auto business faces tougher comparisons.
In a filing, Tesla said it delivered 418,227 vehicles in the fourth quarter — deliveries are the vehicles handed over to customers — and 1,636,129 for 2025. The filing also showed 14.2 gigawatt-hours (GWh) of energy storage deployments in the quarter, with GWh a measure of energy storage capacity.
The backdrop remains challenging. Reuters reported last week that Tesla’s fourth-quarter deliveries fell 15.6% from a year earlier and came in below analysts’ expectations as demand softened after a $7,500 federal electric-vehicle (EV) tax credit ended in September. “Investors are so focused on the future with Tesla that they are ignoring delivery numbers. It’s about Optimus, Robotaxi and physical AI,” said Dennis Dick, a trader at Triple D Trading. Reuters
Pressure is showing up in Europe as well. Tesla registrations — a proxy for sales — fell 66% in France and 71% in Sweden in December, while Norway posted an 89% jump, Reuters reported. China’s BYD sold more than 2 million EVs in 2025, overtaking Tesla, according to a Reuters Breakingviews column.
Supply-chain risk has also returned to the conversation. China’s Ningbo Xusheng Group said it received about 7.8 billion yuan ($1.12 billion) in auto-component orders from an unnamed North American automaker and noted it has supplied Tesla for more than a decade.
Investors now want clarity on what comes next: whether pricing and mix can stabilise margins, how quickly energy storage can keep scaling, and whether Tesla can show measurable progress toward commercialising robotaxis beyond pilots.
Autonomy headlines may come sooner than fundamentals. CES in Las Vegas runs Jan. 6-9 and is expected to bring a wave of announcements on AI and driverless technology as automakers reassess EV spending; Reuters noted Tesla’s small robotaxi service in Austin last year helped rekindle interest in the category.
On the chart, Tesla traded between $443.30 and $457.48 on Monday. Traders often treat round numbers such as $450 as psychological levels that can attract buying or selling interest.
But the rebound does not erase the key risk: if vehicle demand weakens further in a market adjusting to shrinking subsidies and intensifying competition, Tesla may have to lean harder on pricing to protect volumes, squeezing profitability.
The next major catalyst is Tesla’s fourth-quarter earnings report on Jan. 28, when investors will focus on guidance and any update on the company’s self-driving roadmap.
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