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GLJ Research Maintains Ultra-Bearish Stance on Tesla Despite Robotaxi Hype
GLJ Research Maintains Ultra-Bearish Stance on Tesla Despite Robotaxi Hype
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GLJ Research stands alone with a $19.05 price target on Tesla (TSLA), forecasting a catastrophic 90% decline from current levels. While markets celebrate Tesla's robotaxi ambitions, analyst Gordon Johnson highlights operational flaws—phantom braking, erratic turns, and unsafe drop-offs—that question the technology's readiness.
The research firm's contrarian view clashes with Wall Street's prevailing optimism. Tesla's selective robotaxi rollout, limited to enthusiast groups rather than public deployment, fuels skepticism about scalability. These concerns emerge as TipRanks promotes data-driven investment tools, contrasting sharply with GLJ's bearish technical assessment.
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