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Tesla's biggest bull slashes TSLA stock price by over 40%
TSLATesla(TSLA) Finbold·2025-04-07 16:25

Wedbush Securities analyst and long-standing Tesla (NASDAQ: TSLA) bull Dan Ives has slashed the price target for the electric vehicle (EV) manufacturer, citing mounting pressure on CEO Elon Musk.In an investor note on April 6, Ives lowered TSLA’s stock price target by 42%, from 550to550 to 315. Despite the drastic reduction, the firm maintains its ‘Outperform’ rating on the stock. To claim the revised price target, Tesla would need to rally 46% from the last session’s closing value of $239.43.TSLA one-week sto ...