Tesla’s Stock Decline Reaches 10-Month Low with Wells Fargo Bearish Stance

Wednesday, 13 March 2024, 13:53

Tesla's stock faced further decline, hitting a 10-month low amidst a bearish outlook from Wells Fargo. The shift in analyst sentiment reflects concerns impacting the stock's performance.
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Tesla’s Stock Decline Reaches 10-Month Low with Wells Fargo Bearish Stance

Tesla's Stock Decline Continues

Shares of Tesla extended their selloff toward a 10-month low Wednesday following a bearish stance from Wells Fargo analyst.

Key Points:

  • Stock Performance: Tesla stock hits lowest level in 10 months.
  • Analyst Outlook: Wells Fargo adopts a bearish stance.

The market reaction emphasizes the challenges facing Tesla and reflects evolving investor sentiment.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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