Tesla's stock has been on a downward trend as analysts express bearish sentiments, with Wells Fargo downgrading the company, calling it a 'growth company with no growth.' Despite this, some analysts like Dan Ives believe the stock presents a buying opportunity and will rise in 6-9 months. The stock hit a 10-month low, and various sources highlight Tesla's poor performance compared to other stocks in the S&P 500. Despite the negative outlook, analysts like Wedbush's Dan Ives maintain a bullish stance, emphasizing that Tesla remains a growth story.
Wedbush Senior Equity Analyst Dan Ives says it is easy to be negative on Tesla in the near-term but it is still a growth story https://t.co/0tNZgoSmph https://t.co/2EQFT3RZid
Dan Ives of Wedbush remains bullish on Tesla despite numerous headwinds facing the stock. "Many times we've been in these white knuckle periods - to me, this is not the end of the growth story" https://t.co/mqI5KuUPdO https://t.co/KE3nFt2jaa
Tesla is reeling as multiple analysts look into the crystal ball and see no growth in sight, or even worse, the carmaker turning into a “2027 story.” https://t.co/arvXkufOSU
CNN: The only company performing worse this year than Boeing on the S&P 500 is Tesla
Tesla Stock is a "Growth Company with No Growth" $TSLA https://t.co/yMac20Mj1G
Tesla $TSLA is now down 5% today https://t.co/3r1bx7SUW0
Tesla is the worst performing stock in the S&P 500. Analysts say it has further to fall https://t.co/wkMBeKJtjR
Wall Street has another grim take on Tesla, and the stock is at a 10-month low https://t.co/fFltY1LxHw
"This company is in between two waves." RBC Capital Markets analyst Tom Narayan joins @davidfaber, @carlquintanilla & @courtreagan to contextualize $TSLA's slide and lay out why investors should buy the name. https://t.co/0nC4oBSXdp
Tesla, a Magnificent Seven stock is down 46%. That's not so magnificent for those who bought near the top. Apple, another Mag 7 stock, is down 14%. So if one Mag 7 stock is in a bear market and another is in a correction, that calls into question the prospects for the other five.
$TSLA ❖ TESLA SHARES DROP 4.5%
Musk’s currency is deflating as Tesla's terrible 2024 turns the Magnificent 7 Into 6. Tesla’s stock slump this year has taken it past Boeing as the worst performer in the S&P 500. Via @liamdenning https://t.co/sG79CGnL1a
TESLA SHARES DOWN 0.8% PREMARKET AFTER CLOSING AT NEAR 10-MONTH LOW ON WEDNESDAY
Tesla and Boeing Are the Worst Stocks in the S&P 500 This Year. What They Have in Common. https://t.co/5Fta2cBhl0
Tesla shares tanked to a fresh 10-month low Wednesday as Wall Street turns increasingly bearish on the American electric vehicle maker, sending the net worth of Tesla’s polarizing centibillionaire CEO Elon Musk plunging. https://t.co/z25uojs0HH
No longer "magnificent?" Tesla lagging other Mag-7 stocks and tumbling today after a downgrade from Wells Fargo. @GuyAdami, @grassosteve and @timseymour trade the moves. $TSLA https://t.co/JxgXamHZLF
Wedbush on Tesla: ‘Negative Sentiment Way Overdone In Our View’ “Dan Ives reiterated an Outperform rating and $315 PT on $TSLA.” https://t.co/vfV7ZShLNM #Tesla #EV #AI #FSD https://t.co/hawPihB6aq
$TSLA just hit a 10 month low. First time under $170 since May 17 last year. @stocktalkweekly @StockMKTNewz @garyblack00 @SawyerMerritt.
LISTEN NOW: Tesla was once the darling of Wall Street, but now analysts are bailing on the name. We’ll talk to one who downgraded the stock today. Listen and follow the @PowerLunch podcast here: https://t.co/WV081BMFte https://t.co/oMamz6pQF1
BREAKING: DAN IVES SAYS $TSLA STOCK TODAY IS A “GOLDEN BUYING OPPORTUNITY”, WILL BE OBVIOUS IN 6-9 MONTHS 👀 Tesla from worst to best in S&P 500! https://t.co/zaBSerYdHz
DAN IVES ON TESLA DOWNGRADE TODAY $TSLA: "Even the New York City cab driver is bearish, this stock will be higher 6-9 months from now." https://t.co/imuQ1JUnyL
Has $TSLA, once hailed as an auto industry trailblazer hit the brakes on its momentum? @carlquintanilla, @davidfaber, and @michaelsantoli consider Wells Fargo's downgrade of the name, declaring the carmaker a "growth company with no growth." https://t.co/LK43HnEVAx
Tesla’s stock extends selloff as Wells Fargo joins the bear camp https://t.co/AHAvJSGrzx