Tesla TSLA stock price dipped during late trading hours yesterday before rebounding, a pattern often associated with profit-taking among day traders. Market watchers suggest such intraday swings may persist until new earnings guidance is issued. Perhaps the Tesla of 2035 will be somewhere in the middle of these two extremes. Either way, the stock provides no margin of safety right now. Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo Purchase Licensing Rights , opens new tab Tesla TSLA stock price climbed amid news of potential breakthroughs in battery technology. If confirmed, manufacturing cost reductions could materially improve margins and justify higher valuation multiples in analyst models.