Tesla CEO Elon Musk told investors on an earnings call that he will spend less time in Washington, and announced the rollout of more affordable models and a small fleet of robotaxis.
Tesla is down nearly 50% from its highs, but analysts still see 40% upside ahead of earnings. A double bottom and rising RSI signal a possible reversal.
Dan Ives slashed his Tesla target by 43% but still sees 35% upside, keeping his bullish call intact despite rising brand pressure and political turmoil.
Tesla is down 50% in three months, but analysts are split. Some see more downside, while others see 150% upside. With its RSI at 29, is a reversal finally near?