Will Tesla's stock price halve again? Strong demand headwinds blow hard! Following JPMorgan and Wells Fargo, another major bank has downgraded Tesla's target price.

While Elon Musk’s newly established Department of Government Efficiency is aggressively cutting U.S. government spending, Wall Street’s financial titans have already flattened Tesla’s stock price with a financial ‘nuclear bomb’. The Silicon Valley maverick’s Twitter-driven governance fantasy has shattered—Tesla’s market capitalization has evaporated by $700 billion in just three months, equivalent to China’s entire new-energy vehicle (NEV) industry output over two years. Even more surreal: for every Model Y rolling off the Shanghai Gigafactory assembly line, U.S. investment banks print another page of short-seller reports. Tesla’s share price has already plunged 50% from its February peak—and now international investment banks are setting target prices implying its market value must fall *another* 50%. What, exactly, is the motive behind Wall Street’s shorting campaign against Tesla? Wall Street’s hunt for Tesla has begun. On March 17, 2025, Tesla’s stock closed at $238—down 50% from three months earlier. JPMorgan Chase and Wells Fargo wielded their knives, slashing Tesla’s target price to $120—a move akin to stripping Tesla down to its underwear and then stomping on it twice. Yet this massacre had long been foreshadowed: last year, the Shanghai Gigafactory purchased $100 billion worth of components from Chinese suppliers, sustaining over 300,000 workers across firms like CATL and Top Automotive. As Tesla’s global sales plummeted 49%, China’s NEV market surged 85%. Vulture-like investors suddenly realized: collapsing Tesla might drag down China’s entire electric-vehicle supply chain. Musk’s political gamble accelerated the disaster. His public endorsement of Germany’s far-right party triggered backlash—94% of Germans declared they would never buy a Tesla. After assuming the role of U.S. Secretary of Government Efficiency, mass protests erupted at American factories, with demonstrators smashing Model Ys into scrap metal. Even more extreme: Denmark’s pension fund reportedly flushed Tesla shares down the toilet, citing ‘Musk’s reckless rhetoric destroying the brand.’ This Silicon Valley Iron Man personally validated a business truth: when entrepreneurs dabble in politics, it’s like walking a tightrope in lace underwear—thrilling to watch, but guaranteed exposure upon falling. Wall Street’s debate over Tesla’s valuation has never ceased. Back in 2018—before Tesla entered the Chinese market—Musk nearly sold the company to Apple at a fire-sale price to secure liquidity, enabling him to continue funding his aerospace ventures. Musk was well aware that selling Tesla to a U.S. firm would have instantly shelved its NEV business—because Tesla’s success would severely undermine U.S. oil giants’ massive profits from the shale-oil revolution. Only after Tesla opened its Shanghai Gigafactory in 2019 did its stock soar. It’s no exaggeration to say: without the Chinese market, Musk could never have claimed the title of world’s richest person.

U.S. pre-market update | Major U.S. and European indices rise across the board; institutions significantly raise Luckin Coffee’s target price.

Bloomberg reported that, as the U.S. government seeks ways to finance its ballooning budget deficit, the U.S. Treasury will resume issuing 20-year Treasury bonds in the first half of 2020—the first time in 34 years. This is not the first time the Treasury has issued 20-year bonds: it discontinued them in 1986 in favor of 30-year bonds, which have long served as the benchmark 'long-term bond' in U.S. markets. Between 1955 and 1963, the Treasury even issued 40-year bonds; and in 1911, it sold 50-year bonds to help finance construction of the Panama Canal. According to Japan’s Kyodo News, Nissan Motor Co. submitted a report to the Tokyo Stock Exchange on the 16th stating that former Chairman Carlos Ghosn—who faced prosecution for violating Japan’s Companies Act and other laws—had secretly used over ¥400 million (approximately RMB 24.95 million) of Nissan funds to host parties at the Palace of Versailles. The report noted that a joint investigation by Nissan and its French alliance partner Renault revealed Ghosn also withdrew at least €3.9 million from their jointly managed entity to fund Rio de Janeiro’s Carnival, invite guests to the Cannes Film Festival, and purchase high-end Cartier gifts. Germany’s Federal Statistical Office announced on the 16th that the country’s average annual inflation rate in 2019 fell to 1.4%, down from 1.9% in 2018 and 1.8% in 2017. Data showed Germany’s December 2019 inflation rate stood at 1.5%; excluding energy prices, the month’s core inflation rate was 1.8%. Food prices rose 2.1% year-on-year, with meat and meat products posting particularly sharp increases. Global fashion retailer H&M—the world’s second-largest—announced on Friday that it plans to expand into Central America, opening its first store in Panama by the end of 2020. H&M currently operates in 73 markets, with 50 online platforms and physical stores. In a statement, the company said it will enter Central America via a franchise agreement with Panamanian firm Hola Moda S.A. Key events to watch: 18:00 — Eurozone December 2019 CPI annual rate; 21:30 — U.S. December 2019 building permits total; 23:00 — U.S. November 2019 JOLTS job openings; University of Michigan January consumer expectations index; University of Michigan January consumer sentiment index. Notable rating changes: Rating upgrades: Barclays upgraded Ericsson from 'Hold' to 'Overweight'.

Wells Fargo Adjusts PT on Sherwin-Williams to $340 From $360, Maintains Equalweight Rating

Sep 25, 2026

Wells Fargo lowered its price target for Sherwin-Williams to $340 from $360, maintaining an Equalweight rating. This adjustment reflects a revised analyst outlook for the paint and coatings manufacturer.

marketscreener.com

2026-04-17

Loop Capital Adjusts Price Target on Sherwin-Williams to $385 From $400, Maintains Buy Rating

2026-04-21

Bank of America Cuts Sherwin-Williams Price Target to $365.00

2026-04-27

Concurrent Investment Advisors LLC Increases Position in Sherwin-Williams Co

2026-04-28

Sherwin-Williams Stake Reduced by Flossbach Von Storch SE

2026-04-29

Sherwin-Williams Receives 'Moderate Buy' Consensus from Analysts