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Why Tesla Stock Is in the Red Today


Shares of electric carmaker Tesla (NASDAQ: TSLA) traded nearly 5% lower as of 11:24 a.m. ET today after analysts at JPMorgan Chase lowered their price target on the stock and maintained their sell rating.

Shares of Tesla have done a complete 180 over the last five months. Following President Donald Trump's election run, the stock ripped over 90% only to give up all those gains and trade lower than it did heading into Election Day.

TSLA Chart

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Source Fool.com

Tesla Inc Stock

€278.80
0.050%
There is nearly no change for the Tesla Inc stock today. Compared to yesterday it only changed by €0.15.
Currently there is a rather positive sentiment for Tesla Inc with 104 Buy predictions and 38 Sell predictions.
As a result the target price of 410 € shows a positive potential of 47.06% compared to the current price of 278.8 € for Tesla Inc.
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