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Tesla hit with downgrades amid Trump feud fallout
Financial Express Chandigarh
|June 10, 2025
TESLA WAS HIT with a pair of downgrades on Monday, underscoring mounting concerns on Wall Street about the electric-vehicle maker's outlook following last week's clash between CEO Elon Musk and President Donald Trump.
Both Argus Research and Baird cut the stock to the equivalent of hold ratings, cementing Tesla's reputation as the least-loved megacap stock among analysts. Shares fell 1.6% in premarket trading.
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