Dan Ives' Wedbush Securities slashed its 12-month price target for the stock from $550 to $315 — a 43% cut.
Wedbush's Dan Ives slashed his Tesla price target by 43%, citing Trump tariffs and Elon Musk brand woes. He also cut his Apple PT.
The Trump tariff stock market rout has driven the Nasdaq into a bear market. Even resilient stocks cracked. Does market fear signal a bottom?