• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

After Wednesday’s record rally, Tesla stock falls 6% today as analysts cut price targets

by April 11, 2025
written by April 11, 2025

Tesla shares fell sharply in early trading Thursday, retreating over 6% to around $254, following a historic surge in the previous session.

The decline came as broader markets also opened lower, with the S&P 500 down 2.2% and the Dow Jones Industrial Average falling 1.9%.

Wednesday’s session marked Tesla’s second-best day on record, with the stock jumping 22.7%.

That rally was only eclipsed by a 24.4% surge on May 9, 2013, when the company posted its first-ever quarterly profit.

The massive gain on Wednesday was driven by President Donald Trump pausing the imposition of full reciprocal tariffs on non-retaliating countries.

The sharp rebound came after a difficult stretch for Tesla, which had lost over 20% since April 2, when President Trump announced sweeping tariffs on imports.

The rebound appeared to reflect a shift in sentiment, with some investors viewing the sell-off as overdone.

However, concerns over the impact of tariffs on economic growth and corporate earnings have continued to weigh on markets.

Automakers, including Tesla, remain under pressure from the potential for higher costs and lower demand.

Why are analysts cutting Tesla’s target price?

Wall Street sentiment toward Tesla is turning increasingly cautious as trade tensions reshape the global automotive landscape.

Analysts from UBS, Goldman Sachs, and Mizuho have all lowered their price targets for the electric vehicle maker, citing mounting risks from tariffs, softening demand, and potential earnings downgrades.

UBS slashed its target to $190 from $225, implying nearly 30% downside from Wednesday’s close, and maintained a Sell rating.

Analyst Joseph Spak noted that Tesla’s earnings expectations remain too elevated and could face further downward revisions after first-quarter 2025 results.

He also flagged potential tariff-related pressure on Tesla’s energy division due to exposure to China.

Goldman Sachs cut its target to $260 from $275, a modest 4% decline from current levels, and reiterated a Neutral stance.

Analyst Mark Delaney highlighted offsetting factors, while concerns over weak auto demand, higher costs from tariffs, and risks to US EV policy persist, he pointed to Tesla’s longer-term AI-related initiatives as a potential cushion.

Mizuho remains the most optimistic among the three. While trimming its target to $375 from $430, the firm still sees about 38% upside and reaffirmed an Outperform rating.

Analyst Vijay Rakesh acknowledged competitive pressures in Europe and China but believes Tesla will retain its lead in the US EV market.

Earlier on Wednesday, Benchmark added Tesla to its “Best Ideas” list on Wednesday, maintaining a “buy” rating on the stock.

The firm also revised its price target downward from $475 to $350 to account for the shift in market sentiment following recent tariff announcements.

Tesla’s Saudi Arabia launch

Tesla, Inc. is entering the Saudi Arabian market, marking a strategic push into one of the world’s most oil-dependent regions.

The move comes despite infrastructure challenges, such as a lack of charging stations across the kingdom’s vast highway network, which remains dominated by internal combustion engine vehicles.

The company will formally launch operations at an event in Riyadh on April 10, followed by the opening of temporary retail locations in Riyadh, Jeddah, and Dammam starting April 11.

Tesla is betting that its success in the nearby United Arab Emirates and a slowly growing interest in electric vehicles across the Gulf region could translate into a foothold in Saudi Arabia.

The timing of Tesla’s entry aligns with a possible visit by US President Donald Trump to Saudi Arabia, the UAE, and Qatar later this month — a trip that, while not officially confirmed, would come amid heightened US engagement in the region.

The post After Wednesday’s record rally, Tesla stock falls 6% today as analysts cut price targets appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump’s ‘great time to buy’ post sparks market manipulation claims: calls for probe grow
next post
Wall Street on Thursday: S&P, Nasdaq slip over 2% after yesterday’s historic rally

related articles

Asian markets close: Nikkei, Kospi down; Sensex closes...

May 19, 2025

Qualcomm unveils AI chips for data centres with...

May 19, 2025

Best crypto to buy now: Bitcoin Pepe leads...

May 19, 2025

JPMorgan cuts Netflix rating, citing balanced risk-reward post-rally;...

May 19, 2025

Bitcoin ETF open interest dips 5% to $29.47B...

May 19, 2025

US stocks slip in the red on Monday:...

May 19, 2025

Should Klarna IPO remain on watch list after...

May 19, 2025

Why this brokerage downgraded UnitedHealth’s rating to ‘hold’

May 19, 2025

Nvidia opens NVLink Fusion ecosystem, expands Taiwan footprint...

May 19, 2025

Cathie Wood says Trump’s tariffs could unlock tech...

May 19, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Graham grills FBI nominee Patel over ‘disgusting’ and ‘corrupt’ Crossfire Hurricane probe

    January 30, 2025
  • Grassley, Johnson press DOJ IG to respond on whether ‘untasked’ undercover agents were present on Jan 6

    April 16, 2025
  • Trump negotiating a new Panama Canal treaty for the American people

    December 26, 2024
  • Pedophiles could see death penalty under new House GOP bill: ‘Taken off the streets permanently’

    January 14, 2025
  • Weeks after Epstein file fallout, a new deadline looms in the release of the RFK and MLK files

    March 9, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,734)
  • Investing (624)
  • Stock (775)

Latest Posts

  • ‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend

    November 24, 2024
  • Ethereum Sentiment Declines Amid Regulatory Concerns

    February 7, 2025
  • ‘Exciting chapter’: Interior Sec takes aim at Biden oil lease ban, ‘coercive’ climate policies in Day 1 orders

    February 4, 2025

Recent Posts

  • Charity leaders slam Biden admin’s response to US planes shot in Haiti amid chaos: ‘What are we doing?’

    November 18, 2024
  • Google CEO Pichai struggled to navigate a pressure-filled year

    December 30, 2024
  • Trump urges US to stay out of Syrian civil war, blaming Obama for failure as Islamists close in on capital

    December 7, 2024

Editor’s Pick

  • Government agencies concerned Trump inauguration ‘potential target’ for extremists: report

    January 15, 2025
  • Big-name anchors going independent, making money in the Substack era

    April 8, 2025
  • Gaming giant Nintendo’s Q1 net profit declines by 55% as Switch sales fall

    August 2, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock