Tesla Just Had a Toyota-Sized Meltdown—JPMorgan, UBS Raise Red Flags
Tesla erased $214.5 billion in market value after earnings. JPMorgan and UBS cut price targets as investors question profits and AI spending.
Tesla's stock price dropped a lot after showing weaker profits than people expected, and big investment banks said they think the company is worth less than before. When major banks lower their confidence in a company, it's worth paying attention to whether the business is actually getting stronger or facing real challenges.
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