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One of Wall Street’s most bearish Tesla Inc. analysts further reduced estimates for the company’s earnings, citing the magnitude of car-buyer backlash against Elon Musk.
JPMorgan lowered its profit estimates for Tesla after the electric vehicle maker's disappointing delivery numbers.
saying that the deeply underwhelming sales report confirmed "the unprecedented brand damage we had earlier feared." You really never want to hear the people who believed in you say stuff like that.
Ironically, it is once again politics, particularly the politics of the Tesla CEO, Elon Musk, that is now supposedly at the heart of what many are calling the “unprecedented brand damage” of Tesla.
Tesla Inc.’s stock extended losses in early trading Monday, dropping below a price at which Commerce Secretary Howard Lutnick ...
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(Bloomberg) -- One of Wall Street’s most bearish Tesla Inc. analysts further reduced estimates for the company’s earnings, citing the magnitude of car-buyer backlash against Elon Musk.