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More trouble for Tesla as banking giant predicts 50% TSLA crash
TSLATesla(TSLA) Finbold·2025-03-12 17:58

Tesla (NASDAQ: TSLA) stock has reclaimed the 250resistanceastheelectricvehicle(EV)giantappearsunbotheredbythelatestWallStreetpricecuts.Notably,despiterecentstruggles,markedbybacklashagainstCEOElonMusk,largelyduetohispoliticalinvolvementandslowingsales,mostofWallStreethasturnedbearishonthecompany,warningoffurtherlossesahead.Bypresstime,TSLAwastradingat250 resistance as the electric vehicle (EV) giant appears unbothered by the latest Wall Street price cuts.Notably, despite recent struggles, marked by backlash against CEO Elon Musk, largely due to his political involvement and slowing sales, most of Wall Street has turned bearish on the company, warning of further losses ahead.By press time, TSLA was trading at 250, up over 8% for the day, invalidating the recent bearish movement that had put Tesla at risk of ...