
Tesla, Inc. (NASDAQ: TSLA) shares have not been spared in the marketwide selloff seen so far this year. In a further blow, an analyst known for being bullish on the EV maker lowered his price target on its stock.
The Tesla Analyst: Piper Sandler analyst Alexander Potter on Tuesday maintained his "overweight" rating on Tesla stock, but reduced the price target from $1,260 to $1,035.