Cult Of Tesla Crumbling: Early 'Die-Hard' Backers Bail As Musk's EV Empire Faces Reality Check Amid Stock Slump

2024-06-05 368

Investors who witnessed the meteoric rise coinciding with the Model Y launch in early 2020 have largely held on despite the recent downturn. Out of 32 analysts, 9 recommend buying Tesla, 14 hold neutral ratings, and only 9 recommend selling, according to TipRanks.