South Korea’s major defense giants have amassed roughly $69 billion in order backlogs as of late 2024, according to media reports. Seoul is also accelerating investment in advanced weapons systems and expanding its defense ties, particularly with Europe. With the new EU–South Korea Security and Defence Partnership in 2024 and growing exports of vehicles and artillery, the country has become the second-largest arms supplier to European NATO members. Yet despite that enormous industrial footprint, remarkab ...

Core Viewpoint - Tesla's stock has experienced significant volatility, dropping over 50% from its all-time high in December, returning to 2020 price levels [1][2] Group 1: Stock Performance and Market Sentiment - The recent decline in Tesla's stock is attributed to weak earnings, slowing demand, and concerns regarding Elon Musk's leadership [2][3] - Analysts have been reducing their price targets, with J.P. Morgan lowering its estimate to $120, indicating a potential further decline of 50% from current levels [4][5] - Market sentiment remains negative, with bearish analysts suggesting that the worst may not be over for Tesla [2][5] Group 2: Analyst Ratings and Price Targets - Despite the negative outlook, some analysts maintain bullish ratings, with price targets ranging from $320 to $550, suggesting an upside potential of over 150% [6][7] - Wedbush highlights Tesla's leadership in the affordable EV market and anticipates the release of a sub-$35,000 vehicle before summer, along with growth in autonomous driving and energy storage [8] Group 3: Technical Analysis - Tesla's stock is currently showing signs of being oversold, with a relative strength index (RSI) at 29, indicating a potential entry point for investors [9][10] - A bullish crossover in the MACD suggests a possible shift in momentum, although the extent of recovery remains uncertain [10] - Increased trading volume and bullish options activity indicate some investors are betting on a rebound [11] Group 4: Bear vs. Bull Case - The bearish case for Tesla includes weak earnings, delivery pressures, and a forecast of another 50% downside according to analysts like J.P. Morgan [12] - Conversely, bullish analysts argue that Tesla's long-term growth potential remains intact, with some price targets implying a significant recovery from current levels [12]