Tesla Investors Just Got Great News From CEO Elon Musk: The Stock Could Soar 1,300%.

  • Tesla (TSLA -0.33%) shares have declined 15% year to date amid a flurry of bad news. The company lost 7 percentage points of market share in the first quarter, ceding the top position in electric car sales to Chinese automaker BYD, as demand deteriorated across China, Europe, and the United States.