Musk and Trump's Strained Relationship: A Sword Over Tesla's Future, as It Faces Back-to-Back Downgrades
5 day ago / Read about 0 minute
Author:小编   

On Monday, Tesla Inc. received back-to-back downgrades to "hold" from Argus Research and Baird, amplifying Wall Street's anxieties regarding the electric vehicle maker's future prospects. This development follows a contentious exchange between Tesla CEO Elon Musk and U.S. President Donald Trump, which has injected additional uncertainty into the market about Tesla's developmental trajectory. The downgrades have solidified Tesla's position as one of the least favored large-cap stocks among analysts.