Tesla in trouble as Wall Street analyst predicts 50% TSLA crash

Core Viewpoint - Tesla's stock is experiencing a five-day winning streak, but analysts suggest it may face pressure due to a 'Sell' rating from Guggenheim, with a price target of $175, indicating a potential 48% decline from its current trading price of $339 [1][4]. Group 1: Analyst Perspectives - Guggenheim analyst Ronald Jewsikow maintains a skeptical view on Tesla's near-term valuation, suggesting that technological advancements and the early deployment of Robotaxi services may not justify the current stock price [6]. - Another analyst, Gordon Johnson, highlights concerns regarding Tesla's Full Self-Driving (FSD) technology, noting that it has yet to achieve full autonomy despite years of promises, with regulators flagging performance and reliability issues [8][9]. Group 2: Company Developments - CEO Elon Musk announced the upcoming public trial of Tesla's Robotaxi service in Austin, which is set to open next month, ahead of market expectations [4]. - The latest version of the FSD system, v14, reportedly features ten times more parameters than previous versions, which bullish investors view as a significant milestone [4][5]. Group 3: Financial Performance - Tesla's stock is down 15.2% year-to-date, contrasting with the S&P 500's increase of 8.5% during the same period, indicating underperformance in the market [7]. - Concerns about shrinking profit margins and weakening cash flow are prevalent, contributing to the bearish outlook on Tesla's stock [7].