Tesla's Trading Volume Drops 25.73% to $21.405 Billion, Second in Market Rankings Amid Stock Decline

On June 30, 2025, Tesla's trading volume reached $21.405 billion, marking a 25.73% decrease from the previous day, placing it second in the day's stock market rankings. Tesla's stock price fell by 1.85%, marking the fifth consecutive day of decline, with a total decrease of 8.90% over the past five days.

Tesla's stock received a significant boost from a veteran analyst who raised the price target from $350 to $475, indicating a nearly 47% increase. This optimistic outlook was driven by the company's deployment of a small group of robotaxis in Austin, which has fueled bullish sentiments among investors.

However, not all news was positive for Tesla. JPMorgan expects the company's Q2 deliveries to miss consensus estimates, which could potentially dampen investor enthusiasm and impact the stock price negatively.