Tesla stock down 5% as analyst lowers price target, concerns about first-quarter deliveries persist.

From Nasdaq: 2025-03-31 11:27:00

Shares of Tesla (NASDAQ: TSLA) fell 5% as another analyst lowered their price target. Concerns about first-quarter deliveries persist. Analyst Stephen Gengaro cut his target to $455 but remains bullish long-term, citing the Model Y’s potential success. Bears worry about first-quarter deliveries, while bulls focus on AI and future launches. Risk-reward balance remains a concern.

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