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%.

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 ...

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

Wells Fargo expects Tesla’s earnings to decline significantly in 2025, driven by lower deliveries, price reductions, and intensifying global competition. The firm forecasts a ~25% year-over-year ...

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

While some are pinning hopes on new models, Wells Fargo analyst Colin Langan is not ... indicating a decline across key markets. Tesla has committed to launching its more affordable model in ...