Simply put, it's impossible for Tesla to grow production by 50% per year if the cars aren't selling. Musk told investors he expects sales to rebound during 2025, with EV deliveries potentially growing by as much as 30%. However, the early signs are very troubling.

Tesla's stock price has experienced one of its worst losing streaks in recent months as the company struggles with growing competition.

Tesla stock is gaining ground following a recent report suggesting that the company could be on track to receive a $400 million contract through the U.S. State Department. However, subsequent developments are casting doubt on whether the deal will actually go through. The stock is also getting a boost from bullish analyst coverage.

The average analyst target price is up about $30 in February, moving it to $380 a share, according to FactSet. That’s the highest target ever for Tesla stock.

After a brutal stretch this month that brought the stock's year-to-date decline to more than 30% at one point, Tesla's stock has rallied back above the 100-day moving average, Yahoo Finance data shows.

Tesla stock’s been tumbling over the past couple of months. This writer would like to own some -- but has the price reached his buying level yet? The post Is Tesla stock running out of road? appeared first on The Motley Fool UK.