Tesla Stock Under Pressure After JPMorgan Call and 6.6% Fall
Tesla plunged 6.56% to $391.00 Friday despite J.P. Morgan upgrading the stock and hiking its price target to $475, as a tech selloff and fears of higher interest rates outweighed optimism about Tesla’s robotaxi, robotics, and software ambitions, leaving investors to weigh execution risks and the looming SpaceX IPO over a closed weekend.