The leading electric vehicle company is struggling, as its CEO just started feuding with the president of the United States.

Concurrently, higher-margin software products such as FSD are becoming increasingly crucial to Tesla’s growth narrative as its core EV business faces

Tesla ( TSLA 5.66%) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316.

"It is a convergence among three of our major platforms. So robots, energy storage, AI," Wood said of Tesla.

Tesla stock extended its rally for a fourth straight session Wednesday as tensions between Musk and President Trump appeared to ease.

Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.

Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.