Elon Musk's Shaky Public Perception Poses Tesla Sales Obstacle, Analyst Says
1. Stifel lowered Tesla's price target from $492 to $478 due to consumer sentiment. 2. Tesla's net favorability is at 3%, near an all-time low since 2018. 3. Sales dropped sharply in Europe: 12% in the UK, 59% in Germany, 63% in France. 4. Musk's influence on Tesla consumers is viewed skeptically, affecting brand perception. 5. Despite challenges, Tesla stock remains buoyed by potential in AI and robotics.