Tesla’s Stock Drops 6% as Analysts at Baird Suggest Musk’s Involvement with the Government
As another investment company lowered its price objective on the stock, Tesla’s (TSLA) shares fell 5.6% on Thursday, bringing its year-to-date losses to 35%. In a note released Thursday morning, Baird analysts cut their 12-month view on Tesla shares from $440 to $370, citing worries that Wall Street has unrealistic expectations for Tesla’s first-quarter deliveries….