“Republicans buy EVs too” At Similar Rates Says Investment Firm As It Cuts Tesla Price Target

OSTN Staff

As Tesla’s stock recovered some of its sizable losses earlier this week, a small survey by investment bank Morgan Stanley showed that more than two-thirds of the respondents believe that CEO Elon Musk’s politics are affecting his company’s performance. Tesla stock is down by 34.6% year-to-date and has trimmed back some of its losses today and yesterday after gaining 11.7% since Monday’s bottom. The fresh buying in the stock comes after President Donald Trump’s endorsement of Musk and announcement of treating acts of violence against Tesla cars as domestic terrorism. Musk has also sought to assuage investor concerns about low […]

Read full article at https://wccftech.com/republicans-buy-evs-too-at-similar-rates-says-investment-firm-as-it-cuts-tesla-price-target/