Tesla’s coming crash: As 7 analysts lower their price targets, one predicts the stock is heading to $28

Tesla’s coming crash: As 7 analysts lower their price targets, one predicts the stock is heading to $28

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After the bell on April 19, Tesla announced Q1 results that sorely disappointed even its ardent Wall Street fans. Five price reductions so far this year, designed to bolster demand, lowered average sales prices so markedly that operating margins fell from over 19% a year ago to 11.4%. All told,…

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