Banking giant sets Tesla stock price target
Tesla (NASDAQ: TSLA) stock could decline over 40%, according to the outlook by banking giant UBS, which reaffirmed its bearish stance on the electric vehicle (EV) manufacturer. In an investor note on May 27, UBS analyst Joseph Spak reiterated his 'Sell' rating on Tesla, maintaining a price target of 339. Finbold Meanwhile, Tesla's image has taken a hit in Europe, with UBS attributing the damage partly to CEO Elon Musk's political statements a ...