Tesla Stock Gets Analyst Downgrade
Digest more
Tesla stock fell almost 15% this past week. That left Tesla shares up 24% since late April when management said Tesla’s robotaxi launch was on track for June.
Tesla, Inc. faces declining sales, shrinking margins, and valuation concerns. Click for my updated look at TSLA stock valuation and rising policy risks.
Baird analysts cut Tesla to neutral from outperform, citing uncertainty tied to Musk's politics and overly optimistic expectations for robotaxis.