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Extremely Bearish: JPMorgan Predicts Tesla's Stock Price to Plunge 60% by Year-End
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Author：小编
On April 2, 2026, Tesla's stock price dropped by 5.42% in a single day, closing at $360.59 and erasing approximately $75.6 billion in market value. On the same day, Tesla announced that its global deliveries for the first quarter of 2026 stood at 358,023 units, falling short of market expectations. Production in the first quarter exceeded deliveries by over 50,000 units, pushing inventories to a record high. JPMorgan warned that Tesla's stock price could fall another 60% by the end of the year.
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