Three Reasons Why Wells Fargo Predicts 70% Plunge on Tesla's Stock

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Three Reasons Why Wells Fargo Predicts 70% Plunge on Tesla's Stock

GuruFocus.com01-15

Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street. Despite the underweight rating, the bank...

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ARTOTLE
·01-16
Another sour grape......FO
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Despite the underweight rating, the bank...</p>\n\n<a href=\"https://finance.yahoo.com/news/three-reasons-why-wells-fargo-155916938.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1280957306.USD","symbol_name":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/three-reasons-why-wells-fargo-155916938.html","article_id":"2503629410","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503629410","pubTimestamp":1736956756,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street. 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Despite the underweight rating, the bank forecasts Tesla shares will collapse another 70% to $125 in the next year.\nWells Fargo's analyst commented that the grim prediction is driven by weak business fundamentals. They point to Tesla's struggles to prop up vehicle deliveries despite deep discounts, and they warn about fierce competition from Chinese EV players.\n\nThe analyst added that the potential to repeal the Inflation Reduction Act tax credits may impact a serious threat to Tesla's pricing power and U.S. market demand.\nAlso, Tesla's futuristic CyberCab and humanoid robot Optimus fail to impress Wells Fargo. These innovations have always been exciting, but the bank warns they are in development and are still incredibly expensive, even though they are operational in some form.\nThis gloomy projection is made when Tesla enthusiasts are still betting big on the company's long-term vision. Will Elon Musk's team twist the skeptics to prove wrong, or does Tesla head towards a big correction as predicted?\n\nGF Score for Tesla is 78 per 100, highlights company's high financial strength and high revenue growth, but investors should take note that the profitability of Tesla is moderate, and the stock price is considered expensive. This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":392945369686264,"gmtCreate":1736958562586,"gmtModify":1736959720191,"author":{"id":"4109249043338710","authorId":"4109249043338710","name":"ARTOTLE","avatar":"https://community-static.tradeup.com/news/6860a85d94cbf481e7013b59d23cb50f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4109249043338710","authorIdStr":"4109249043338710"},"htmlText":"Another sour grape......FO","listText":"Another sour grape......FO","text":"Another sour grape......FO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/392945369686264","repostId":2503629410,"repostType":2,"repost":{"id":"2503629410","kind":"highlight","pubTimestamp":1736956756,"share":"https://ttm.financial/m/news/2503629410?lang=&edition=fundamental","pubTime":"2025-01-15 23:59","market":"us","language":"en","title":"Three Reasons Why Wells Fargo Predicts 70% Plunge on Tesla's Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2503629410","media":"GuruFocus.com","summary":"Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street. Despite the underweight rating, the bank forecasts Tesla shares will collapse another 70% to $125 in the next year.Wells Fargo's analyst commented that the grim prediction is driven by weak business fundamentals. They point to Tesla's struggles to prop up vehicle deliveries despite deep discounts, and they warn about fierce competition from Chinese EV players.The analyst added that the potential to repeal the Inflation Reduction Act tax credits may impact a serious threat to Tesla's pricing power and U.S. market demand.Also, Tesla's futuristic CyberCab and humanoid robot Optimus fail to impress Wells Fargo. These innovations have always been exciting, but the bank warns they are in development and are still incredibly expensive, even though they are operational in some form.GF Score for Tesla is 78 per 100, highlights company's ","content":"<html><body><p>Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street. Despite the underweight rating, the bank forecasts Tesla shares will collapse another 70% to $125 in the next year.</p>\n<p>Wells Fargo's analyst commented that the grim prediction is driven by weak business fundamentals. They point to Tesla's struggles to prop up vehicle deliveries despite deep discounts, and they warn about fierce competition from Chinese EV players.</p>\n<ul></ul>\n<p>The analyst added that the potential to repeal the Inflation Reduction Act tax credits may impact a serious threat to Tesla's pricing power and U.S. market demand.</p>\n<p>Also, Tesla's futuristic CyberCab and humanoid robot Optimus fail to impress Wells Fargo. These innovations have always been exciting, but the bank warns they are in development and are still incredibly expensive, even though they are operational in some form.</p>\n<p>This gloomy projection is made when Tesla enthusiasts are still betting big on the company's long-term vision. Will Elon Musk's team twist the skeptics to prove wrong, or does Tesla head towards a big correction as predicted?</p>\n<p><img height=\"400\" src=\"https://s1.yimg.com/uu/api/res/1.2/Vxgt1J3GDcQu0WuKyV_4iQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/us.finance.gurufocus/b9f0f5136caaec9fbdfe19e044ad49c8\" width=\"550\"/></p>\n<p>GF Score for Tesla is 78 per 100, highlights company's high financial strength and high revenue growth, but investors should take note that the profitability of Tesla is moderate, and the stock price is considered expensive. </p>This article first appeared on \nGuruFocus.\n<br/></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Three Reasons Why Wells Fargo Predicts 70% Plunge on Tesla's Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThree Reasons Why Wells Fargo Predicts 70% Plunge on Tesla's Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-15 23:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/three-reasons-why-wells-fargo-155916938.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street. Despite the underweight rating, the bank...</p>\n\n<a href=\"https://finance.yahoo.com/news/three-reasons-why-wells-fargo-155916938.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","TSLA":"特斯拉","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","TSLL":"Direxion Daily TSLA Bull 2X Shares","BK4099":"汽车制造商","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU0251142724.SGD":"Fidelity America A-SGD","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0823414478.USD":"法巴经典能源转换基金","LU0097036916.USD":"贝莱德美国增长A2 USD","SG9999015978.USD":"利安颠覆性创新基金A","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","WFC":"富国银行","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4534":"瑞士信贷持仓","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4585":"ETF&股票定投概念","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4559":"巴菲特持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4550":"红杉资本持仓","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","BK4551":"寇图资本持仓","TSYW.SI":"TESLA 3xLongSG261006"},"source_url":"https://finance.yahoo.com/news/three-reasons-why-wells-fargo-155916938.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2503629410","content_text":"Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street. Despite the underweight rating, the bank forecasts Tesla shares will collapse another 70% to $125 in the next year.\nWells Fargo's analyst commented that the grim prediction is driven by weak business fundamentals. They point to Tesla's struggles to prop up vehicle deliveries despite deep discounts, and they warn about fierce competition from Chinese EV players.\n\nThe analyst added that the potential to repeal the Inflation Reduction Act tax credits may impact a serious threat to Tesla's pricing power and U.S. market demand.\nAlso, Tesla's futuristic CyberCab and humanoid robot Optimus fail to impress Wells Fargo. These innovations have always been exciting, but the bank warns they are in development and are still incredibly expensive, even though they are operational in some form.\nThis gloomy projection is made when Tesla enthusiasts are still betting big on the company's long-term vision. Will Elon Musk's team twist the skeptics to prove wrong, or does Tesla head towards a big correction as predicted?\n\nGF Score for Tesla is 78 per 100, highlights company's high financial strength and high revenue growth, but investors should take note that the profitability of Tesla is moderate, and the stock price is considered expensive. This article first appeared on \nGuruFocus.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}