Tesla Stock Slides as Mizuho Trims Price Target on Weakening Demand | Global News Avenue

Tesla (TSLA) Stocks slid on Monday as Ruisui analysts raised their stock price targets, pointing out that demand and headwinds in China have lowered Tariff uncertainty.

Ruisui said Tesla is now expected to offer 1.8 million cars this year, 2.3 million in 2026, down from previous estimates of 2.3 million and 2.9 million, respectively. The decline is as analysts estimate Tesla last month and Tesla in China and Europe “a clear lack of market”.

Ruisui analyst says A lot of participation In American politics, the Trump administration Ministry of Government EfficiencyMusk’s political activity could hurt sales with recent protests and reports on Tesla’s car vandalism. Analysts also pointed out that competition among Chinese electric car manufacturers in China is growing, and demand for a refresh of Tesla model Y is soft.

After Tesla was struggling in the past two months, Mizuho lowered its price target from $515 to $430, meaning more than 80% upside from Monday’s intraday price. That’s much higher than the consensus target of analysts with visible alpha tracking at about $367.

Last week, analysts at Wells Fargo and JPMorgan Chase Lower its price target The stock may also have a lot of room for falls.

Tesla shares fell more than 5% on Monday to $237.44, losing about half of their value from the December 17 peak of shutdown ($479.86).