Tesla Shares Drop After Rally as Investors Question Elon Musk's Political Moves and Model Y Changes š
Tesla's stock dips following a recent surge amid investor concerns over CEO Elon Musk's political activities and updates to the Model Y. Learn whatās influencing the stock now.
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Tesla stock declined in early trading after a strong multi-day rally significantly boosted its share price, according to Barron's. Investors are weighing whether Teslaās recent stock decline stems more from political backlash tied to CEO Elon Musk or the Model Y transition. Teslaās upcoming delivery report is expected to show lower sales than initial Wall Street projections, with recent estimates falling below last yearās first-quarter total. Analyst sentiment on Tesla stock is slightly below the S&P 500 average, with a modestly lower Buy-rating ratio and a price target that reflects cautious optimism.
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Mar 26, 2025
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