US Stock Market Move | Tesla, Inc.(TSLA.US) fell more than 5%, and its stock price has been halved. Long-term bulls have significantly revised their target price downwards.

On Monday, Tesla, Inc. (TSLA.US) fell more than 5%, dropping 52% from its historical high in December, and is now trading at $225.41. It is worth noting that Tesla, Inc. has fallen below the "forecast level" of US Commerce Secretary Lutnick. Lutnick said that viewers should buy the stock and said "it will never be this cheap again." (approximately $235 at the time) On the news front, before the drop in Tesla, Inc. stock price, Daniel Evs, an analyst at Wade Bush Securities who was most bullish on Tesla, Inc., lowered his target price by over 40%, citing Trump's trade policies and the brand crisis caused by Musk.