Tesla ( TSLA 5.66%) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316.

Elon Musk apologizes to Donald Trump after a heated week-long feud on social media, walking back controversial posts that mocked Trump's spending bill and linked him to Epstein files.