Tesla Shares Plunge Amid Auto Tariffs and ‘Brand Crisis’
Tesla shares dropped by nearly 10% on Monday after a leading analyst cut his price target for the stock by more than 40%. Dan Ives, Wedbush Securities’ top Tesla analyst, reduced his price target from $550 to $315 due to concerns about President Trump’s auto tariffs and Elon Musk’s declining reputation. The analysts warned that … Read more