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Tesla Inc.’s stock is hovering at a four-month low and testing new depths on Tuesday after analysts at BofA Securities slashed their price target on the stock and gave investors a fresh reminder of why to worry.
The stock
TSLA has been under pressure in recent weeks as concerns mount about the involvement of Elon Musk, the company’s chief executive, in politics, particularly around his efforts at the so-called Department of Government Efficiency, or DOGE, which have soured many people on the brand in the U.S., and his support of far-right causes in Europe, where Tesla sales have fallen.
This post was originally published on Market Watch
