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Tesla shares declined every week since Elon Musk went to Washington

Elon Musk speaks during the first cabinet meeting hosted by US President Donald Trump, in the White House in Washington, the United States, February 26, 2025.

Brian Snyder Reuters

Timing The stocks did not have this red extension.

For seven consecutive weeks, since then Elon Musk He went to Washington to join the Trump administration, and the shares decreased in the auto industry, as it closed on Friday with $ 270.48. It is the longest losing chain of Tesla in 15 years as a public company.

Tesla shares have decreased by more than 10 % and their lowest level since November 5, election day, when they were closed at $ 251.44. Since the stock reached its peak at about $ 480 on December 17, Tesla has lost more than $ 800 billion in the market.

Many Wall Street companies this week, including Bank of AmericaBird and Goldman SachsReducing its prices on Tesla.

In reducing their target from $ 490 to $ 380, Bank of America analysts have referred to concerns about the decrease in the company’s new vehicle sales and the lack of modern update from Musk on a “low -cost model”.

Goldman Sachs, whose target price on the stock reduced 320 dollars from 345 dollars, also pointed to the decrease in sales of electric cars to Tesla in the first two months of the year through many markets in Europe, China and parts of the United States

Goldman analysts indicated that Tesla faces a “strong competitive environment for FSD” in China, where the main competitors do not require “generally the purchase of separate programs for smart driving features.” FSD, or full self -driving (supervisory), is the Tesla automatic driving system, which the company sells as a distinct option in the United States

Baird Tesla added to its “fresh choices” this week, as the company’s analysts wrote that “the time for production” will be held “the side of the offer from the equation” to Tasla while the company turns into the manufacture of the new YUV.

Elon Musk stands as recognized by US President Donald Trump during Trump’s speech in a joint congressional session in the American Capitol in Washington, DC, on March 4, 2025.

Saul Loop AFP | Gety pictures

But Wall Street does not only care essential Standards such as sales and production numbers. Investors also try to assess the amount of musk policy and work in the White House will press Tesla, and for how long.

“Sharing musk with the Trump administration adds uncertainty besides the request,” Bird analysts wrote.

Before taking over as a consultant President Donald Trump As a leader of the so -called government efficiency, or Doug, Musk was already heading to many of his own projects, including the start of Xai, Social Media Compa X and Aerospace and Defeense SACEX.

The bulls concerned

MUSK is now the richest person in the world, is the general face of the Trump administration’s efforts to reduce the workforce, spending and the ability of the federal government significantly. At the same time, he continues to publish Political discourse burning xJudges who do not like their decisions criticize, and enhances false dialogue points about Ukraine President Voludmir Zelinski.

The anti -captive and anti -Tesla feelings were rising in the United States and Europe, with the outbreak of protests and suspects of criminals Democratic burning works And sabotage in Tesla facilities.

Even the most traumatized analysts, and many fans, had to admit the influence of the policy of musk on Tesla’s desire and its products to a wide range of customers and investors.

EV advocates at Cleantechnica, which has long promoted Tesla on its website, runs a column focusing on ethics on Thursday thinking about whether Tesla owners should sell their cars and whether the Tesla board is You must launch musk As an executive president.

Musk and Tesla did not immediately respond to the suspension requests.

On Friday note, Dan Evs of Wedbush Securities wrote, “Tesla Bulls find themselves with her back on the wall facing global negative feelings about Musk/Doge and Trump’s management.” It was called “The moment of the intestinal examination of Tesla’s intestine (including ourselves).”

Wedbush has said it uses the sale as an opportunity to add Tesla to the “Best Ideas” menu, and set its target price for 12 months at $ 550.

The company wrote: “The best thing that happened ever for Moussa and Tesla is Trump at the White House because this will create an environment that is decomposing with a central, independent federal road map to see Tesla golden.”

Tesla Bulls sees the possibility that the company will soon launch new EVS at reasonable prices, Robotaxi and horseback service, and to connect human robots capable of working the factory in the non -far -long future. Evis said he expected Musk to become more focused on Tesla and other companies in the second half of 2025.

TD cowen analysts are also optimistic. On Thursday’s note, they wrote, “Tesla seems to be now in the early roles of the 2025-26 product course, which we believe can reshape the size growth and enhance the total price morale.”

He watches: Tesla has dependency incentives that exceed Q1

TD Cowen's ITAY MICHAELI says Tesla has dependency stimulus outside the Q1 in EV and AV.

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2025-03-08 18:32:00

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