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Wells Fargo sees 5 reasons investors should brace for Tesla stock to drop another 50%
The bank is skeptical about the timing of a cheaper Tesla model, as well as the success of a coming robotaxi service.
AOL9d
Wells Fargo sees 5 reasons investors should brace for Tesla stock to drop another 50%
Wells Fargo maintains 'Underweight' rating on Tesla, citing no stock rebound soon. Tesla's vehicle deliveries are expected to decline in Europe, China, and the US. Earnings may drop 25% by 2025 ...
Wells Fargo Predicts Tesla Stock Could Plummet Another 50%: Key Reasons Explained
Tesla investors may need to brace themselves for more turbulence, as a recent analysis from Wells Fargo suggests a potential 50% decline in Tesla stock. This article will explore the underlying ...
Wells Fargo warns Tesla could fall 50% after deliveries, earnings, and the Cybercab rollout disappoint
Wells Fargo doubled down on its negative view of Tesla (NASDAQ:TSLA) on Tuesday. Analyst Colin Langan and his team continue ...
The Globe and Mail22d
Wells Fargo Is Calling for Tesla Stock to Plunge Another 50%. How Should You Play TSLA Here?
Wells Fargo lowered its 1-year price target for TSLA from $135 to $130. This implies a drop of around 45% from Tesla’s current price. The stock is down over 50% from its 3-month peak of $465.33.
The Motley Fool4d
A Wall Street Analyst Says Tesla Stock Could Plunge 50%. Is It Time to Sell the Stock?
Wall Street analysts have been turning more bearish on Tesla ... driving technology. Wells Fargo analyst Colin Langan, meanwhile, has been far more critical of the stock, with an "underweight ...