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Tesla and Apple bull slashes his price targets for both companies in tariff fallout - MarketWatch

1. Wedbush analyst cut TSLA's price target by 43% to $315. 2. Recent tariffs and Musk's political actions adversely affect TSLA's brand. 3. Tesla deliveries fell significantly in Q1; protests against Musk occurred. 4. Analyst estimates Tesla lost 10% of potential global customer base. 5. Tariffs pose a risk to Tesla’s sales, particularly in China.

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FAQ

Why Bearish?

The significant price target reduction and negative brand perception indicate decreased investor confidence.

How important is it?

The article discusses key factors like tariffs and brand perception that directly affect TSLA's future.

Why Short Term?

Immediate effects from current tariffs will likely influence TSLA's sales and stock price soon.

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