Tesla Stock Price Target Slashed Before Earnings. Elon Musk Faces 'Code Red Situation.'

MSN - 21/04
Tesla sank Monday with first-quarter earnings due late Tuesday. Analysts are looking to Elon Musk's conference call answers.

Tesla stock received a 15% price target cut right ahead of the EV giant's first-quarter earnings results, with a longtime Tesla bull proclaiming Sunday that Chief Executive Elon Musk's work in the Trump administration is a "code red situation" for Tesla. TSLA sank early Monday.

Late last week, Barclays analysts lowered their Tesla stock price target by 15% to 275, down from the previous 325. The firm maintained an equal weight rating on the stock. The analysts wrote that Tesla faces questions on increasingly weaker fundamentals and that it will be increasingl...
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