Tesla tops trading volume with $292.22 billion despite production halt and Robotaxi protests

On June 18, 2025, Tesla (TSLA) saw a trading volume of $292.22 billion, making it the top-traded stock of the day. The company's shares rose by 1.82%.

Tesla's stock experienced a significant decline earlier in the week due to reports of a temporary production halt at its Austin, Texas facility. The electric vehicle maker announced a one-week pause in the production of its Cybertruck and Model Y vehicles, starting from June 30. This decision was made to perform maintenance on the production lines, aiming to boost output upon resumption. This is the third such production halt in 2025, adding to the company's challenges, including underwhelming Q1 results and intense competition.

The production pause overshadowed the excitement around Tesla’s upcoming Robotaxi launch on June 22. The event, featuring vehicles equipped with a new version of the company’s Full Self-Driving (FSD) technology, has been met with protests in Austin. Despite these challenges, Tesla remains focused on its innovative projects, with the Robotaxi launch being a key highlight.

Investor sentiment has been impacted by the production halt, with the stock experiencing a decline of approximately 22% year-to-date. The company's stock has a Hold consensus rating on Wall Street, with analysts citing ongoing macro challenges and company-specific headwinds. The average stock price target of $286.14 indicates a potential 10% downside risk from current levels.