Tesla faces longest losing streak in 15 years
Shares $TSLA have fallen for seven straight weeks, the longest decline since it went public.
Key reasons for the drop:
-Bank of America and Goldman Sachs cut target prices on $TSLAstock due to falling sales and market uncertainty
- Musk's political involvement and controversial statements negatively impact investor sentiment in the US and Europe
Optimistic view:
- Wedbush remains bullish and sees potential in robotaxis, humanoid robots and future innovation
If $TSLA does not deliver strong results or a new catalyst, the negative trend may continue.