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Analyst Cuts Tesla Target For 4th Time This Year

Video Credit: Wochit Business - Duration: 00:43s - Published < > Embed
Analyst Cuts Tesla Target For 4th Time This Year

Analyst Cuts Tesla Target For 4th Time This Year

Tesla shares fell early Monday after an analyst cut his price target on the stock in a report that followed a session of heavy selling Friday.

The Wedbush analyst pointed to a host of concerns around the electric-car maker, including an email that CEO Elon Musk sent to employees last week detailing cost-cutting measures.

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Analyst Cuts Tesla Target For 4th Time This Year

SUNDAY, FEB.

3, 2019, FILE PHOTO A MARCH 23, 2018 PHOTO.

MARCH 2, 2019 FILE PHOTO AP PROVIDES ACCESS TO THIS THIRD PARTY PHOTO SOLELY TO ILLUSTRATE NEWS REPORTING OR COMMENTARY ON FACTS DEPICTED IN IMAGE; MUST BE USED WITHIN 14 DAYS FROM TRANSMISSION; NO ARCHIVING; NO LICENSING; MANDATORY CREDIT




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