Most Analysts Still Aren’t Bullish on Tesla Stock, Even After Recent Selloff. Here's Why.

Tesla (TSLA) stock has come under significant pressure, falling about 33% from its 52-week high, including a decline of about 18% over the past month. The selloff reflects multiple concerns surrounding Tesla’s growth outlook, margins, valuation, and the timing of its ambitious new initiatives.

While Tesla's stock has already fallen sharply, most Wall Street analysts still aren’t bullish on TSLA. So what exactly is keeping most analysts from backing TSLA stock? Let’s take a closer look.