Tesla (TSLA) stock has become the most oversold since March 2025, with its Relative Strength Index (RSI) currently at 14, according to Yahoo Finance AlphaSpace data. The stock is down 30% this year, contrasting with an 8% gain for the S&P 500.

The sell-off intensified after executives provided few concrete updates on Robotaxi rollout or Optimus humanoid robot commercialization timelines during the recent earnings call, alongside an earnings miss. Analysts, including Deutsche Bank's Edison Wu, suggest that the slower-than-anticipated scaling of Robotaxi and Optimus is disappointing the market, raising questions about when the company's significant AI investments will pay off. Tesla plans to commit $25 billion in capital expenditures for 2026, tripling historical spending, with further increases expected in 2027.