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Tesla Shares Plummet Over 5% at One Point, Halving Stock Price; Long-Term Bulls Slash Target Price
2025-04-08 /
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Author：小编
Tesla's share price took a steep dive, plummeting by more than 5% at one point, resulting in an overall decline of 52% since reaching its historic high in December of last year. The current stock price stands at $225.41. Notably, Tesla's share price has now fallen below the prediction made by U.S. Commerce Secretary Wilbur Ross. Ross had previously advised investors to purchase Tesla stock, asserting that "it will never be this cheap again," with his projected share price at approximately $235 at the time. Nonetheless, prior to Tesla's share price decline, renowned analyst Daniel Ives drastically reduced his target price by over 40%, citing President Trump's trade policies and the brand crisis ignited by Elon Musk as the primary reasons.
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