JPMorgan slashes Tesla's price target again! Are they finally right or just perpetually bearish? Their reasoning declining consumer sentiment and falling deliveries seems pretty surface level. Is brand negativity really impacting sales that much or are there other factors at play like increased competition or simply market saturation? What do you think is the bigger driver? I’m curious to hear if anyone has actually changed their mind about Tesla recently, positive or negative, and why. Personally, I think this price target is way too low and we’ll see a rebound soon. This feels like an overreaction. Am I being overly optimistic? Is $120 a realistic valuation for Tesla in the long run? Let the debate begin!
JPMorgan slashes Tesla's price target again! Are they finally right or just perpetually bearish? Their reasoning declining consumer sentiment and falling deliveries seems pretty surface level. Is brand negativity really impacting sales that much or are there other factors at play like increased competition or simply market saturation? What do you think is the bigger driver? I’m curious to hear if anyone has actually changed their mind about Tesla recently, positive or negative, and why. Personally, I think this price target is way too low and we’ll see a rebound soon. This feels like an overreaction. Am I being overly optimistic? Is $120 a realistic valuation for Tesla in the long run? Let the debate begin!
- By allmaxh