From Yahoo Finance: 2025-04-20 09:33:00

Tesla’s rough week saw a 4.37% stock drop, continuing a year-long decline of over 40%. CEO Elon Musk’s political ventures have led to protests and damaged brand reputation. European sales fell 49%, with overall first-quarter sales dropping 13% – the largest decline in company history.

Barclays analyst Dan Levy cut Tesla’s price target to $275, expecting a volume decline in 2025. Tesla’s stock is under scrutiny with weak fundamentals and a potential positive narrative shift. The company is expected to report a gross margin crunch due to falling volume and production inefficiencies.

Tesla’s gross profit margin fell to 17.9% in 2024, and the company faces challenges with falling volume and steep discounts. Deliveries fell short of estimates, leading to a decline in Tesla shares. Analysts expect flat earnings of 45 cents per share on revenue of $21.85 billion, revised 18% lower over the last 30 days.

Read more: Analyst slashes Tesla price target for an unexpected reason