Tesla shares at the lowest level from November 5
Tesla shares ended the current week by a decline by over 10 percent. And it is at the lowest level from November 5, i.e. from the day of the presidential election, when they closed at $ 251.44.
Since the shares reached a peak of almost $ 480 on December 17, Tesla lost over $ 800 billion in market capitalization.
Banks reduce the target prices of shares
A few companies from Wall Street this week, including Bank of America, Baird and Goldman Sachs have reduced their tesla target prices.
By lowering its price for Tesla shares from $ 490 to $ 380, Bank of America analysts have established themselves to fears related to the falling sales of the company’s new vehicles and the lack of a recent update from Musk on the “low -cost model”.
Goldman Sachs, which reduced the target price of shares to $ 320 from $ 345, also pointed to the falling sales of Tesla electric vehicles in the first two months of the year on several markets in Europe, China and in part of the USA.
Goldman Sachs analysts have noticed that Tesla is facing a “difficult competitive environment for FSD” in China, where key competitors “generally do not require the purchase of separate software for the intelligent driving function.” FSD, or Full Self-Driving (Supervised), is a partly automated Tesla driving system, which the company sells in the US as a premium option.
Elon Musk’s work in the White House
Wall Street is not only worried about basic indicators, such as sales and production. Investors are also trying to assess how much Musk’s policy and work in the White House will put pressure on Tesla and how long.
“Musk’s involvement in Trump’s administration increases uncertainty on the demand side,” Bairda analysts wrote.
Before taking the position of adviser to President Donald Trump and the leader of the so -called Department of Government Efficiency (DOGE), Musk has already managed its many private ventures, including the XAI start-up dealing with artificial intelligence, a company dealing with social media X and the company of the Air Sector and Defense Sector.
The richest man in the world has become the face of Trump’s administration
CNBC writes that Muskthe richest man in the world has become a public face of the efforts of Trump’s administration aimed at a radical reduction of labor, expenses and the abilities of the federal government. In the meantime, he continues his acute political rhetoric on Platform X, criticizing judges whose decisions do not like, and promoting false Kremlin theses about the President of Ukraine Volodymyr Zelanski.
Anti-Musk and Anti-Tesla moods
Anti-Musk and anti-tesla moods grow in the United States and Europe, along with the outbreak of protests and suspicions of arson and acts of vandalism in Tesla facilities.
Even the most optimistic analysts and many fans had to grant the harmful influence of Muska’s policy on the attractiveness of Tesla and its products for a wide range of clients and investors.
In a note published on Friday, Dan Ives of the Wedbush Securities wrote: “Tesla bulls are found to the wall in the face of a global negative sentiment around Musk/Doge and Trump administration.”
The Wedbush analyst said he was using the sale as an opportunity to add Tesla to the list of “best ideas” and setting a 12-month target price at $ 550.
Analysts still see hope for Tesla
“The best thing that has ever happened Musk and Tesla, There was a Trump in the White House, because it will create a deregulation environment with a federal autonomous central road map for Tesla’s golden strategic vision, “wrote Dan Ives.
Investors positively focused on Tesla see the company’s potential to soon introduce new, affordable electric vehicle models, Robotaxi service and unmanned journeys, as well as provide humanoid works capable of working in a factory in the near future.
Ives expects Musk to focus more on Tesla and his other companies in the second half of 2025.
TD Cowen analysts are also optimists. In Thursday’s note they wrote: “Tesla seems to be at the early stage of the main production cycle in 2025-26, which in our opinion may again cause the volume increase and improve the general sentiment for action.” (PAP Biznes)
