China trade war intensified and as investors turned their attention to earnings reports from some of the largest U.S.

Wells Fargo is sticking to its pessimistic view of Tesla (NASDAQ:TSLA), predicting the stock could drop more than 50%.

The bank is skeptical about the timing of a cheaper Tesla model, as well as the success of a coming robotaxi service.

After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA ... 50% since hitting its all-time high on Dec. 17, 2024. Wells Fargo recently downgraded its price target for the Elon Musk-led ...

Wells Fargo analyst Colin Langan calls Tesla’s Q1 delivery report a “big bust.” The company reported a year-over-year decline of 13% and a consecutive quarter of failing to ...

Tesla (NASDAQ:TSLA) is facing a day of reckoning, with 1Q25 delivery numbers expected tomorrow (Wednesday) – and by all ...

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 ...