What next for the Tesla share price?
Last week, ending 6 June, was a shocking one for the Tesla (NASDAQ: TSLA) share price. It fell 15% as CEO Elon Musk’s spat with Donald Trump dominated the headlines.
Some are voicing genuine fears that President Trump could reduce or remove electric vehicle (EV) subsidies. And that could cause real pain for Tesla.
We’re now looking at a 27% stock price fall year to date, though it’s still up 400% over a volatile past five years.
What happens next?
So where do the financial experts think it might go next? I asked ChatGPT, and it suggested a forecast price range of $24 to $800. I need to be a bit more selective.
Morgan Stanley analysts appear to offer a clearer view, sticking to a price target of…