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Wells Fargo: Tesla Faces Potential 50% Drop; Investors Should Brace
2025-04-02 /
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Author：小编
Wells Fargo analyst Colin Langan projects that Tesla's share price could slide closer to his target of $130, signifying a potential 53% drop. The bank has maintained its "underweight" rating and highlighted five key challenges confronting Tesla: potential declines in deliveries in Europe, China, and the United States; a possible 25% earnings dip; and an unappealing valuation. These factors may continue to weigh on Tesla investors.
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