Tesla in trouble as banking giant predicts 63% TSLA crash

Tesla (NASDAQ: TSLA) stock could plunge by more than 60% following a fresh bearish outlook from banking giant JPMorgan. "Based on our checks, the softer demand for Tesla vehicles evident in 1Q results appears to have continued into 2Q," Brinkman said Impact of low China registrations on Tesla stock JPMorgan's analysis also drew from global vehicle registration data and third-party forecasts, including Motor Intelligence data for the U.S. market. Brinkman noted that weaker-than-expected insurance registratio ...