Key Takeaways NHTSA opened an investigation into Tesla's Smart Summon and Actually Smart Summon features, which allow users to move their vehicles remotely using an app.The regulatory agency has received complaints that Tesla vehicles failed to detect obstacles or parked vehicles,

Tesla stock slipped on Tuesday after Bank of America said it sees shares fairly priced, with some risk to the downside.

Tesla Inc.’s stock slipped 0.9% Tuesday, after Bank of America downgraded the stock to neutral from buy, arguing that it already reflects the long-term potential of such items as robotaxi and energy storage,

Following the downgrade and delivery announcement, Tesla’s stock experienced a significant decline, with the current price at $392.91. The stock opened at $405.81, with a day low of $391.50 and a high of $414.33. Over the past year, Tesla’s stock has fluctuated between a low of $138.80 and a high of $488.54.

Tesla has received a higher price target from Stifel, reiterating its "Buy" rating for the stock. Following Tesla's fourth quarter and fiscal year 2024 delivery results, Stifel raised its price target from $411 to $492 per share.