Wells Fargo Predicts Tesla Stock to Plunge 50%, Labels It “Tactical Underweight”

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Wells Fargo appears to be the most bearish on Tesla (TSLA) among major financial institutions. The bank recently classified Tesla as a “tactical underweight” for the second quarter of 2025 and set a price target of $130 per share, which represents a potential decline of around 50% from Tesla’s current stock price

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