Tesla tops trading volume with $40.14 billion as stock climbs for fourth day despite Wells Fargo warning of 63% drop

On June 11, 2025, Tesla (TSLA) saw a trading volume of $40.14 billion, making it the top-traded stock of the day. The company's stock price rose by 0.10%, marking the fourth consecutive day of gains, with a total increase of 14.66% over the past four days.

Tesla is facing potential headwinds as Wells Fargo has issued a warning about a possible 63% drop in the stock due to disappointing second-quarter delivery figures. The regional sales and registration data for April suggest that Tesla may fall short of its delivery targets for the quarter, which could impact investor sentiment and stock performance.

Additionally, Tesla is grappling with broader challenges, including falling sales, brand issues, and valuation concerns. The company's future prospects are further complicated by intense competition and uncertain technological developments, which could weigh on its stock price in the coming months.