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InsideEVs
InsideEVs
Technology

JPMorgan Says Tesla's About To Have A Bad Time

Tesla Inc. JPMorgan Donald Trump Elon Musk United States
  • Tesla stock has recovered about 7% since its big drop earlier this week. It is still nearly down 50% since its all time high on December 17. 
  • JPMorgan predicts that Tesla will deliver about 355,000 units, down 20% of its original prediction of 444,000. 
  • The firm also thinks that Tesla stock will eventually drop to $120 per share. 
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