• Dan IVES, the Wedbush Securities analyst, reduced its target price to $ 315 per shareQuoting a highly declining review in his delivery estimates Until 2030 due to Elon Musk’s policy. Evis raised it in late January to $ 550 before the stock suffered from the market leakage. “The destruction of the demand for Tesla and the damage of the brand is real,” he wrote.

About a month ago, Dan Eve, a Wedbush Securities analyst, CEO of Tesla El Musk, warned that patience among his shareholders was “wearing very thin”.

It now looks as if it was finally taken, after the most reliable Tesla Taurus in Wall Street cut off its target price almost half, and blamed the CEO of polarization for the poisoning of the well. He said that proceeding with the brand sales that reach Breakneck speeds that reach the front with percentage gains in individual numbers as a result.

“Destroy the demand for Timing and Real brand damageEve wrote, “It has turned into something more important over the past few months.”

By reducing its target price to only $ 315 out of $ 550, the Wedbush analyst has finished the rows of many Tesla Bulls who look largely to the Musk policy as washing – as in Musk, does not lose Musk on the left more than it earns from the right.

He said that Eve not only agreed to that Europe The United States east, explaining that it was more concerned about the association of musk in Trump in terms of China.

While it seems that the targeted changes in the last price were driven by feeling and condemnation, Ives this time erasing the full assumptions that support the basic profit drivers.

The new goal justified $ 315 with a sharp review of its estimates for the delivery of Tesla vehicles for 2025 until 2030, which reduces them at a rate of more than five.

A sharp review of the bottom of delivery estimates until 2030

IVES now expects EV sales to the brand at an annual rate of approximately 8 % over the next year – from the previous rate of about 15 %.

Evis wrote: “We are now able to have lost at least 10 % of its future customer base in the world based on the autonomous brand issues and this may be a conservative appreciation.” “In Europe, this number can be 20 % or higher … it all by musk.”

What this means in practice is the delivery of only 1.70 million cars this year, with an annual decrease by 5 % over the course of 2024, increasing to 2.47 million at the end of the contract. For comparison, its estimates amounted to 2.19 million and 4.54 million, respectively, just five months ago.

In the past, Evis calmed investors under the pretext of Mossk’s influence with Trump, which could be a great saying in the Chinese definitions that the president was planning.

These hopes were destroyed last week after news that import duties on China will The height to 54 % From the previous 20 %, starting from April 9.

China, in return, slapped a 34 % mutual tariff to suit the management step, which led to a trade war between the world’s great powers.

Effice is now afraid that Chinese buyers, who were not interested in the past unless Mossk pushes tyranny in the West, can manage their appearance on the CEO of Tesla because of his close relationship with the US President.

“It will be difficult to reduce the reactions of Trump’s tariff policies in China and the musk association, and this will increase Chinese consumers to buy homes, such as Bydand NewEvez wrote.

Evez has increased its target price three times since Trump was elected

The Wedbush analyst has chosen as the worst possible time to become up. In mid -December, he climbed its target price to $ 515, just three days before its peak at its standard price of $ 488 per share.

Evis then doubled his optimism, and walked again to $ 550 two days after Trump took office. By this point, the fixed declines of the stock over the previous four weeks were about to turn into a defeat, as Moscow Dog’s efforts have angered all over the country.

Finally, after another 37 % of Tesla shares decreased to 263 dollars, IVES felt that investors need “table cannons” like Wedbush to remind them of the value they lost and add the shares to the “best ideas list”. In a total, Evis raised its target price three times since the elections from only $ 300 in early November.

Instead, a mixture of Tesla Q1 sales – The lowest three yearsContinue the uncertainty about the definitions of pressure on the stocks. Tesla shares are expected to open about 5 % when trading on Monday.

He said, “Unfortunately, Tesla has become a political symbol because of musk, and this is very bad for the future of this strong technology.”

This story was originally shown on Fortune.com

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2025-04-07 12:27:00