Tesla Just Got Its 7th Analyst Downgrade. What the Worry Is This Time.

Wall Street appears to be losing faith in


Tesla


stock. Price cuts are why and price “elasticity” is a new fear.

Jefferies analyst Philippe Houchois downgraded


Tesla


(ticker: TSLA) stock to Hold from Buy on Tuesday evening and lowered his price target to $185 from $230 a share.

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