BTCC / BTCC Square / Global Cryptocurrency /
JPMorgan Warns of 60% Crash in Tesla (TSLA) Stock

JPMorgan Warns of 60% Crash in Tesla (TSLA) Stock

Global Cryptocurrency
Release Time:
2026-04-07 04:40:02
0
BTCCSquare news:

Investors in Tesla (TSLA) are growing increasingly wary following a stark warning from JPMorgan analysts. The firm reiterated its sell rating on TSLA stock, slapping a $145 price target—implying a potential 60% plunge from current levels. Tesla shares have already tumbled nearly 20% year-to-date, despite a 50% surge over the past 12 months.

JPMorgan's Ryan Brinkman highlighted collapsing expectations for Tesla's performance across all financial metrics. "The +50% rise in Tesla shares amid deteriorating fundamentals suggests misplaced optimism about a future pivot," Brinkman noted. First-quarter deliveries of 358,023 vehicles fell short of estimates, underscoring execution risks as the company shifts focus away from autonomous vehicles.

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users