Banking giant warns Tesla stock to crash another 30%

The electric vehicle (EV) industry has been having a few bad quarters with none so prominent and few as hard-hit as Elon Musk’s Tesla (NASDAQ: TSLA).Indeed, Tesla has apparently been suffering setback after setback since the start of 2024 as its stock became the worst performer within the S&P 500 benchmark index, the company sold only one car in South Korea in January, and, finally, reported that the first quarter (Q1) of the year was its worst in terms of deliveries since Q3 2022.The sluggish business has ...