Tesla Faces Major Headwinds as Dan Ives Cuts Price…
From Financial Modeling Prep: 2025-04-07 03:48:00
Longtime Tesla bull Dan Ives of Wedbush cuts Tesla’s price target from $550 to $315 due to tariff pressures and a global brand crisis. Rising tariffs raise input costs and hurt demand, while negative sentiment and competition erode Tesla’s reputation and sales. Investors should monitor these challenges closely amid a potentially turbulent period for the EV maker.
Read more at Financial Modeling Prep:: Tesla Faces Major Headwinds as Dan Ives Cuts Price…