Mar 13, 10:41 PM

Tesla Stock Slides 4.5% on Wells Fargo Downgrade Despite Contrasting Views

Tesla's stock has been on a downward trend as analysts express bearish sentiments, with Wells Fargo downgrading the company, calling it a 'growth company with no growth.' Despite this, some analysts like Dan Ives believe the stock presents a buying opportunity and will rise in 6-9 months. The stock hit a 10-month low, and various sources highlight Tesla's poor performance compared to other stocks in the S&P 500. Despite the negative outlook, analysts like Wedbush's Dan Ives maintain a bullish stance, emphasizing that Tesla remains a growth story.

#Tesla #Wells Fargo #Dan Ives #Wedbush

Written with ChatGPT (GPT-3).