Prediction: Tesla Stock May Be "Dreadful" in 2026
(NASDAQ: TSLA) investors should prepare for a rocky 2026. At least that's what certain experts think. "Next year could be a pretty dreadful year for EVs in this country," warns Adam Jonas, an analyst for Morgan Stanley. Tesla is already struggling with sluggish sales growth. But as we'll see, meager sales growth could get even worse starting this week.
Why is Adam Jonas so bearish on EVs in 2026? Last month, tax credits for EV buyers were eliminated. That essentially adds up to $7,500 to the price tag of most EV purchases. Don't underestimate the upcoming impact. While more consumers are interested in an EV for their next vehicle purchase, these consumers are also increasingly cost conscious. According to Eric Bradlow, an expert on EV demand at The Wharton School, "consumers considering an EV or hybrid are more pragmatic and cost-conscious than current EV owners."
Image source: Getty Images.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 105 Buy predictions and 38 Sell predictions.
With a target price of 410 € there is a positive potential of 38.58% for Tesla Inc compared to the current price of 295.85 €.
