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Dan Ives' Wedbush Securities slashed its 12-month price target for the stock from $550 to $315 — a 43% cut.
A newly declassified document details the Biden administration's attempt to target and suppress political opposition.
Wedbush analysts led by Tesla bull Dan Ives cut their price target for the electric vehicle maker's stock nearly in half.
slashed its 12-month price target for Tesla stock from $550 to $315, a 43% reduction — though still above its current price of $239. "Tesla has essentially become a political symbol globally ...
Musk's growing influence in Washington may become a central factor in a Democratic resurgence in the 2026 midterms.
Tim Ryan didn’t buy a Tesla for political reasons. The executive director of Innovate Hampton Roads said since 2018, he has owned six vehicles from the company, including a Cybertruck.