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Pathikrit Bose

Why This Mega-Bear Thinks Tesla Stock Is Headed for $19 in 2025

Tesla Inc. Elon Musk BYD

Boutique equity research firm GLJ Research is not shy about how bearish it is on Tesla (TSLA). Run by founder Gordon Johnson, the firm reiterated a $19.05 price target, the Street low, on Tesla shares in early May. This means that the firm believes the stock will decline by an alarming 94.3% over the next 12 months. 

The firm’s coverage on Tesla is quite extensive. While one recent report cites the company’s dwindling sales in Europe as a red flag, another highlights why the global demand slowdown gives Tesla no room to win the full self-driving battle.

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