Negative

From Yahoo Finance: 2025-04-03 18:03:00

Tesla is struggling in the stock market, with CEO Elon Musk’s new role at the Department of Government Efficiency causing concern among investors. Recent tariffs have added to the uncertainty, impacting Tesla’s stock even further.

With declining sales in Europe and disappointing Q1 delivery statistics, Tesla faces challenges in multiple markets. Analysts point to weak U.S. sales as a major factor in the company’s recent struggles.

As Tesla owners rush to sell their vehicles due to buyer’s remorse, the used Tesla market is flooded with supply, far exceeding demand. Despite low prices, many buyers are hesitant to purchase pre-owned Tesla vehicles.

Wall Street sentiment towards Tesla remains mixed, with analysts divided on the stock’s prospects. Even bullish analysts like Daniel Ives have raised concerns about the company’s future amidst ongoing market volatility.

Tesla may have a long road ahead to regain trust on Wall Street, as some experts believe Elon Musk’s actions have irreparably damaged the company’s brand. Restoring growth prospects and investor confidence will be a significant challenge for Tesla moving forward.

Read more: Wall Street sounds alarm on Tesla, Elon Musk problem