Tesla shares are down more than 37% for the year, and have lost more than half their value since hitting an all-time peak in late December as the stock rallied in the wake of Pres

In a new report issued Sunday, Mizuho analysts, led by Vijay Rakesh, revised their Tesla price target downward by $85 to $430, citing deteriorating demand. The firm also cut its 2025 vehicle delivery forecast from 2.3 million to 1.8 million, a 22% reduction that falls below the broader market consensus of 2 million deliveries.

Howard Lutnick, a member of Trump's cabinet, told Americans to invest in his fellow billionaire's vehicle company, despite its falling value.