Tesla stock has hit a rough patch in recent weeks, but top analysts still see big gains ahead for the EV maker's stock this year.

Tesla (NASDAQ: TSLA) stock had a banner year in 2024. Shares of the electric vehicle (EV) leader soared by over 62%. Many investors surmised that CEO Elon Musk's position as a Donald Trump advisor will benefit both the company and its shareholders.

Tesla shares have gained ground the past two sessions after a five-day losing streak during which the stock lost 18% of its value. Monitor these important chart levels.

Despite Tesla publishing a weak deliveries report in early January, TSLA continues trading in the green and analyst keep rating it as 'buy.'

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