Dan Ives' Wedbush Securities slashed its 12-month price target for the stock from $550 to $315 — a 43% cut.

Wedbush analysts led by Tesla bull Dan Ives cut their price target for the electric vehicle maker's stock nearly in half.

slashed its 12-month price target for Tesla stock from $550 to $315, a 43% reduction — though still above its current price of $239. "Tesla has essentially become a political symbol globally ...

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Tesla shares have plunged 50 per cent from their record high on Dec 17. Read more at straitstimes.com. Read more at ...