Tesla’s Technical Rebound Masks Deepening Fundamental Concerns
Tesla’s recent reclaim of its 200-day moving average marks a technical victory for the embattled EV maker, but fundamental storm clouds gather. The stock’s 30% year-to-date decline precedes Redburn Atlantic’s sell recommendation, which cites deteriorating earnings prospects amid tariff headwinds and pricing pressures.
"Our challenging earnings outlook incorporates headwinds from EV pricing, Mexico-US and China-Europe tariffs," warns Redburn analyst Adrian Yanoshik. The firm projects earnings and free cash Flow falling 10% below consensus estimates, with additional regulatory risks looming from Washington.