Tesla sells off after Elon Musk scraps his 2025 sales growth target and warns, ‘We could have a few rough quarters’ 

• CEO Elon Musk disappointed investors after warning Tesla could see a second straight year of declining EV sales. He also suggested Q4 could be rough once the U.S. federal tax credits for EV sales expire. All of that might have been acceptable had he provided specific milestones for how quickly he could scale his new autonomous ride-hailing service beyond a dozen cars in Austin. “I wanted to hear more details,” said Gene Munster, cofounder of Deepwater Asset Management.

Tesla...