Wells Fargo sees 5 reasons investors should brace for Tesla stock to drop another 50%
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- Wells Fargo maintains 'Underweight' rating on Tesla, citing no stock rebound soon.
- Tesla's vehicle deliveries are expected to decline in Europe, China, and the US.
- Earnings may drop 25% by 2025 due to lower deliveries and lower profit margins because of price cuts.
The pain for Tesla investors may not be over, according to a Tuesday note from Wells Fargo.
For Wells Fargo analyst Colin Langan, there are a host of reasons Tesla stock...