A Top Wall Street Analyst Just Slashed His Price Target for Tesla Stock by 43% -- and It Might Not Be Enough

Dan Ives is the global head of technology research at Wedbush Securities, and he is consistently one of the most bullish voices on Wall Street when it comes to America's most innovative companies. He had a $550 price target on Tesla (TSLA 22.25%) stock up until earlier this week, when he slashed it by 43% to just$ 315. Although Ives has previously said Tesla's full self-driving (FSD) platform could be a $1 trillion opportunity for the company, he's worried about the potential damage CEO Elon Musk might have ...