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Tesla Stock Heads for 9-Week Slump as Owners Trade in Their EVs at Record Levels - Barron's

1. Tesla is facing record trade-ins of its vehicles, signaling potential brand issues. 2. Morgan Stanley cut TSLA's Q1 delivery estimate to 351,000 from 415,000. 3. Analysts express concern over Musk's political activities affecting buyer sentiment. 4. Despite challenges, some analysts maintain 'Buy' ratings with varying price targets. 5. TSLA stock has declined 5.5% this week, risking a ninth consecutive weekly drop.

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FAQ

Why Bearish?

Increased vehicle trade-ins and downgraded delivery estimates negatively impact investor confidence.

How important is it?

Significant issues regarding sales and brand perception directly affect TSLA's market position.

Why Short Term?

Immediate effects observed through ongoing sales and market trading reactions this week.

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