Wells Fargo sees 5 reasons investors should brace for Tesla stock to drop another 50%
Artur Widak/NurPhoto Wells Fargo maintains ‘Underweight’ rating on Tesla, citing no stock rebound soon. Tesla’s vehicle deliveries are expected to decline in Europe, China, and the US. Earnings may drop 25% by 2025 due to lower deliveries and lower profit margins because of price cuts. The pain for Tesla investors may not be over, according