Tesla shares slump on Baird's price target cut

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Thu, Mar 6, 2025, 3:09 PM

Tesla (TSLA) shares are sliding Thursday afternoon after Baird slashed its price target for the company to $370 from $440. The investment firm cites concerns in Tesla's ability to meet high expectations for first quarter deliveries, also noting that Tesla CEO Elon Musk's involvement in the Trump administration creates risk for the company's demand.

Market Domination hosts Josh Lipton and Julie Hyman discuss the analyst notes and outline the details.

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This post was written by Sydney Strauss