Apple Inc. is facing significant challenges as its stock has declined 14% this year, culminating in the company's worst three-day drop since November 2022. The decline has been attributed to multiple factors, including delays in the rollout of Apple Intelligence features, particularly the much-anticipated enhancements to Siri. Analyst Ming-Chi Kuo has expressed a cautious outlook on the impact of Apple Intelligence on iPhone sales, suggesting that the underwhelming performance of these features has already been factored into Apple's conservative shipment forecasts for 2025. The delay of Siri's personal context and App Intents features until the "coming year" has drawn sharp criticism from industry observers, with prominent Apple commentator John Gruber questioning the company's credibility. This delay has led to a shift in market consensus towards a more cautious stance on iPhone shipments, reflecting broader concerns about Apple's ability to deliver on its AI promises. On the other side of the tech spectrum, Tesla Inc. is grappling with its own set of challenges. JPMorgan has cut its price target for Tesla stock to $120 from $135, citing a deteriorating brand image and projecting a decline in deliveries for 2025. The bank forecasts a drop of approximately 1% in Tesla's deliveries to about 1.78 million vehicles, marking the second consecutive year of decline. This outlook is influenced by consumer backlash against Elon Musk's role in the Trump administration and his controversial decisions as head of the Department of Government Efficiency (DOGE). The negative sentiment towards Tesla has been further exacerbated by protests and boycotts at Tesla dealerships, with President Trump labeling violence against these locations as terrorism. These developments have contributed to a significant drop in Tesla's stock value, losing over $400 billion since December. The situation has also impacted sales forecasts for the iPhone 16 and iPhone 17 models.