JPMorgan's Scathing Tesla Prediction: Musk's Car Company Will Report Worst Quarterly Deliveries In 3 Years
1. JPMorgan lowered TSLA's Q1 delivery forecast by 20% to 355,000 vehicles. 2. Analysts cite Musk's divisive government role as a significant factor impacting sales. 3. Tesla's European sales have faced 50% drop due to political statements by Musk. 4. JPMorgan sets a $120 price target for TSLA, indicating over 50% downside. 5. Currently, 53% of Americans view Musk negatively, affecting brand perception.