Stellantis Just Predicted a Major Bloodbath for TSLA Stock. Here's Why.

CEO Elon Musk turned plenty of heads in 2023 when he opted to slash prices on multiple Tesla (NASDAQ:TSLA) models. A clear attempt to compete with the growing number of electric vehicle (EV) makers undercutting Tesla’s high prices, Musk’s decision didn’t really help TSLA stock or the broader EV market. Now, though, the company is moving into a new year with no plans to stop lowering its prices. As Investor’s Business Daily reports, this trend is sparking concern among Wall Street analysts. Some business lea ...