Tesla Inc.'s stock has been experiencing a significant downturn, as reflected by a series of tweets from various users and news outlets. The electric vehicle maker's shares have been subjected to negative press from multiple angles, including criticism over alleged fake products, range issues, Full Self-Driving (FSD) capabilities, delivery numbers, pricing, and corporate governance. Tesla's stock price has fallen below $180, with Piper Sandler cutting its price target from $295 to $225, citing an aging product lineup and reducing its 2024 delivery estimate by approximately 11.5% to 1.93 million units. Additionally, the stock fell as much as 6.8% to its lowest level since May 18, further declining to the lowest closing price since May 19, 2023. The sentiment around Tesla has shifted from bullish to bearish, with the stock now flat since November 2020. Amidst the stock's decline, Tesla was also the worst performer in the S&P 500, with controversies surrounding CEO Elon Musk casting a 'black cloud' over the company. The recent fall in Tesla's stock was also attributed to a report of a snub from software giant SAP.
$TSLA bulls exchanged 63,000 contracts on $TSLL today, Tesla’s 1.5x ETF They are looking for a bottom on the stock https://t.co/qiVd0wGbh5
$TSLA sneaky down -30% to start the year.
Lots of fear & loathing going on in the $TSLA Cult today & we're not even at $100 yet. https://t.co/tBrsORi2T0
Tesla $TSLA falls to lowest closing price since May 19, 2023 https://t.co/WunldpLrp7
Shares of Tesla dipped Monday to their weakest level since last May: https://t.co/gngWFrJ5XU
Todays Trades 🐼 $TSLA 180p hit +150% (2.86 to 7.15) $TSLA Entered roll up 170p. Still active. Hit +18% so far. Have a great rest of the day everyone! https://t.co/ccfBC9hn6W
Tesla Stock Sinks To 9-Month Low—Worst S&P 500 Performer—As Musk Controversies Leave ‘Black Cloud’ https://t.co/kB6uTECYlJ https://t.co/a7CsNJlccC
Tesla falls after report of SAP snub, Piper Sandler price target cut https://t.co/mKAKyoqlKF https://t.co/0qPBZN6eC3
We have seen this before. $TSLA short & distort is in full swing. https://t.co/eH9egzzipW
“THE LONG KNIVES ARE OUT FOR MUSK” $TSLA https://t.co/v7gcVfbZyN
$TSLA (-5.16%) stock getting smoked today as indices dip lower Sentiment for the company swung from bullish to bearish over the past week https://t.co/wKYw3hiQ4g
Another bad media day for Elon and therefore tesla shareholders. $TSLA https://t.co/fUaBQLdZi2
$tsla now flat since November 2020.
$TSLA ❖ TESLA FALLS AS MUCH AS 6.8% TO LOWEST SINCE MAY 18
Tesla falls even lower https://t.co/NRwYuhy0Gu
$TSLA got massive hit today, but the downside is lower claims Piper Sandler with PT at $135 https://t.co/6rp7SwSvxU
long knives. out. $TSLA https://t.co/huqk3baIDZ
Oh, look $TSLA $170s not like I said it would last week 🤓 https://t.co/didUNd66Fp
NEWS: Piper Sandler has cut its $TSLA price target to $225 (from $295) citing an "aging product lineup." They also trimmed his 2024 delivery estimate by around 11.5%, to 1.93 million units.
Tesla $TSLA is now back under $180 https://t.co/IINf1XIDGw
A message from us shareholders to @elonmusk for this dumpster fire of a stock. $TSLA https://t.co/lUr8Ld840A
Tesla’s Stock Is Falling. Here’s What’s Dragging It Down. https://t.co/SxZtENNdOc
Media slowly Turning against $TSLA... mostly negative articles coming from all angles (on Fake Product, Range issues, FSD, Deliveries, Musk, Governance, Pricing, etc). 🚨🚨🚨 https://t.co/nRR99T2iCP