Tesla Stock Drops 27% This Year, But Growth Prospects May Point to Revival

• Tesla stock has fallen 27% YTD; shares may be oversold given new vehicle ramp timing and growth potential.

• For a turnaround, Tesla must successfully ramp next-gen vehicles and boost margins via FSD software and volume growth.

• Record R&D spending positions Tesla for AI advancements in FSD and new vehicle designs launching in 2025+.

• While facing competition, Tesla put rivals on their heels via aggressive pricing; steadying prices signal demand trends may not be as weak.

• Upside potential to $230+ price target if volumes, margins, and growth improve with new vehicles and higher FSD attachment over next few years.