Tesla (NASDAQ: TSLA) has regained $ 250 resistance as it seems that the electric vehicle giant (EV) is not behind the latest discounts in Wall Street.
It is worth noting that despite the recent conflicts, which were characterized by a violent reaction against CEO Elon Musk, largely due to his political involvement and slowdown in his sales, most Wall Street turned into the company, a warning of more coming losses.
By the time of the press, TSLA was trading at a price of $ 250, an increase of more than 8 % for this day, nullifying the recent decline movement, which Tesla was at risk of less than $ 220. However, the stock still has a long road, with a loss of 2025 high by approximately 35 %.
Jpmorgan cuts the price of TSLA
Tesla’s future seems complicated after JPMorgan has become the latest entity to give a pessimistic look. Specifically, the bank’s analyst Ryan Brencman reduced the target price from $ 135 to $ 120, which led to an affirmation of the “weight loss” classification. The last prices mean a 51 % decrease from the current Tesla rating.
The classification stems from less severe delivery expectations, driven by reducing demand and declining consumer reaction against the brand.
Amid increasing revenge over the political affiliation of Musk, Tesla faces customer protests, sales provinces, and the high unloading of used car owners. Brencman has warned that this feeling of feeling may lead to more damage from the Tesla brand and affect future sales.
As a result, JPMorgan now expects Tesla Q1 2025 delivery operations to only 355,000 units, decrease by 8 % on an annual basis and an amazing decrease of 28 % from the previous quarter. This drop also sits 15 % below Bloomberg Estimating a consensus of 418,000 deliveries, which confirms the severity of the decline in the demand for Tesla.
Wall Street, a decrease in getting rid
Other landmarks came from Redburn-ATLANTIC, which confirmed on March 10 again the classification of “sale” with the goal of $ 160. He pointed to stagnant growth, weak records, and high stocks before the delivery report in April.
UBS has reduced the target of Tesla price to $ 225 from $ 259, and the delivery estimates Q1 2025 reduced to 367,000 vehicles (-5 % year on annual, -26 % QOQ), citing more softening and increasing promotional offers.
On March 5, Goldman Sachs reduced Tesla’s goal from $ 345 to $ 320, while maintaining a “neutral” classification. Analyst Mark Dylani informed slow deliveries in China, Europe and the United States despite the potential FSD gains, indicating consumer data to wider concerns.
However, some in Wall Street remain up to Tesla’s long -term horizons.
For example, on March 3, Adam Jonas of Morgan Stanley reaffirmed Tesla again as the best car choice for the company, while maintaining the “weight gain” classification and the goal of $ 430. Despite the weak weaknesses, Tesla sees that it develops into a diverse technical company that benefits from artificial intelligence and robots, with a rise in stock of $ 800.
Meanwhile, Dan Evez from Wedbush defended Tesla in its stagnation, describing it as the “moment of intestinal examination” for investors. Repeat his classification “Outperform” and maintain its goal of $ 550 in the street.
Distinctive image via Shutterstock
