A Tesla analyst sees the negative impact on Tesla from the Big Beautiful Bill as two fold: demand and profits.

Tesla’s high valuation, weak momentum, and media pressure limit near-term upside, despite strong fundamentals. Read why I downgrade TSLA stock to a hold.

William Blair lowered its rating on Tesla stock from outperform to market perform today. The Wall Street Journal recently reported that Tesla is losing market share in China, and President Trump threatened new tariffs.

Tesla (NASDAQ: TSLA) shares are under pressure after a Wall Street analyst downgraded the equity, which has plunged below the key $300 level.

Traders should now watch $250 as the next key level. A drop to that price would represent a 20% pullback from recent highs and return the stock to its longer-term bear market trendline. That target is likely to be tested within the next two weeks, barring any sharp reversal in Musk’s focus or tone.

After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) were battered throughout Q1 2025. And while the stock performed marginally better in Q2, the largest U.S. EV-maker slid into Q3. Over the past five days,

Shares of electric vehicle maker Tesla tumbled 8% in morning trading as the feud between CEO Elon Musk and Trump reignited over the weekend

It didn’t take long for Tesla to be once again negatively impacted by Musk’s political involvement. Shares dropped nearly 7% after Musk announced plans to launch a new U.S. political party following his feud with Donald Trump over the latter’s spending bill.