Investors wiped out all of Thursday’s losses with a big Friday gain, showing that current sales numbers aren’t what’s driving the stock.

Financial writer analyzes Tesla, Inc.'s performance, citing issues with declining deliveries, inflated valuation, and lack of growth. Click for this TSLA update.

The shares dropped more than 6% to start a new year of trading after the company reported weaker-than-expected fourth-quarter deliveries.

Key Takeaways Tesla shares have gained ground the past two sessions after a five-day losing streak during which the stock lost 18% of its value. Despite the recent pullback, the shares have trended sharply higher since breaking out from an ascending triangle in early November following the U.