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Labrish
Nyuuz
Tesla Shares Tumble as Analyst Cuts Price Target
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[QUOTE="Munyaradzi Mafaro, post: 31484, member: 636"] Tesla's stock prices fell about 40% this year. Chinese companies started selling more cars. Many people stopped buying Tesla because they dislike Elon Musk's politics in America and Europe. Even Dan Ives, who has always loved Tesla stock, just cut his price target almost in half. He still thinks Tesla will do better than other stocks but lowered his target from $550 to $315. Ives believes Tesla can succeed long term but warns that this marks a turning point. Musk needs to fix things fast, or Tesla might face bigger problems ahead. Ives has backed Musk for ten years but admits the current path hurts Tesla daily. The company brand keeps taking damage as it becomes tied to political fights. Ives tries to comfort worried investors by pointing out that Musk overcame tough spots before, though he admits this challenge might be the hardest yet. Tesla faces serious threats from all sides. Sales numbers prove that these problems hurt the company badly. They delivered just 336,681 cars during early 2025, far below what experts predicted. Most expected around 377,600 cars sold. Their unsold car supply jumped from 77,330 at the end of 2024 to 103,264 by March 2025. This happened despite Tesla stopping production lines for updates before launching the new Model Y Juniper. Musk upset many Germans by supporting AfD, a far-right political group, during recent elections. His work with DOGE splits American buyers into political camps, making people pick sides rather than just think about buying cars. Some market watchers, like Gary Black from Future Fund, expect things might improve when Tesla launches self-driving cars in Austin. But against current facts, his view seems hopeful rather than realistic. Tesla made itself famous by building electric cars before anyone else cared. Musk pushed boundaries when others stayed safe. That spirit helped create loyal fans who bought Tesla products regardless of price. Those days appear finished as buyers find cheaper options elsewhere. Musk built Tesla through bold moves, but his recent choices pull attention away from cars toward his personal views. Without changes, Tesla might keep sliding despite having advanced technology that once seemed unbeatable. [/QUOTE]
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Nyuuz
Tesla Shares Tumble as Analyst Cuts Price Target
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