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Barchart

Aditya Raghunath

Tesla Stock: Why Are Wall Street Analysts So Intensely Divided?

ARK Tesla Inc. Dan Ives

Tesla (TSLA) faces divided analyst opinions on its future performance.

For instance, HSBC analyst Michael Tyndall lowered his price target to $130, indicating downside potential of more than 50% from current levels. Tyndall stated that in addition to tepid sales growth, competition challenges in China and brand erosion in Europe are expected to weigh on investor sentiment.

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