Tesla has fallen 1.67% in Wall Street after a New valuation cuts. This time they have been the analysts of Stifel Those who have The target price reduced of the manufacturer of electric vehicles from $ 474 per share to the $ 455 per titlealthough they have reiterated their recommendation of 'buy'amid the lower sales expectations and protests against their CEO, Elon Musk. «The launch of the new Model and, the best -selling car in the world in 2024, clearly represents an obstacle to short -term sales,» they explained from the firm, to underline that «as Model production and increases in 2025, we foresee that sales accelerate. In addition, The protests against Elon Musk (Damage to Tesla facilities, vandalism against customer cars, damage to supercargers) They represent an obstacle to sales«In this sense, experts have indicated that, according to data from Stifel Think Tank Group, they observe a significant fall in Tesla's popularity Among the Democrats and a rebound in the opinion of the Republicans about the company. «Historically, Democrats have been much more likely to buy electric vehicles than Republicans.» Therefore, they expect this decrease in popularity to raise obstacles to sales in the near future. In the light of these factors, Stifel has updated its forecasts. «We are updating our forecasts to reflect minor short -term salesand cutting our target price at $ 455 from $ 474. We hope that the volatility of the price of the shares persists In the short term, but we continue optimistic about the medium and long -term Tesla perspectives and we reiterate our 'purchase' recommendation. Thus, strategists maintain a long -term optimistic visiongiven the solid Tesla positioning In front of other car manufacturers in terms of tariff risks, as well as the planned launch of its driver assistance software, known as total autonomous driving, in Texas for June. «The introduction of the car of lower cost and the growth of the Tesla energy storage business could also be catalysts for shares.» In this way, Stifel adds to Morgan Stanley, Mizuho Securities and RBCwhich have also lowered their assessment over Tesla against weak sales and increased competition. In fact, the Tesla sales They have returned to collapse in Februarywith a decrease of 40.1%, which follows at the 45% drop recorded in January, based on the information of the European Association of Automobile Manufacturers. The American manufacturer sold in the second month of the year a total of 16,888 vehicles, compared to 28,182 dispatched in the same period of the previous year. These negative records bind to those who arrive from Chinawhere the country's association of cars communicated last month of a 49.2% drop in sales of electric vehicles that the company produces in the Asian giant throughout February.
