Tesla Stock Hits Yearly Low, Analysts Bullish on Stabilization Trend, Price Concerns for Bulls

$TSLA, the stock of Tesla, hit a low for the year. Wedbush analysts believe the negative trend is overblown, citing stabilization in demand, moderating price cuts, and cost efficiencies in battery production. The stock closed at its lowest price since May, with the chart looking concerning. Tesla Bulls are notably quiet amidst the developments.