Tesla’s stock has taken a hit as analyst Dan Ives reduced his price target by 43%, citing concerns over Elon Musk’s brand image and the impact of tariffs. This move follows a series of negative developments affecting Tesla’s market perception. Analysts have urged Musk to reassess his public approach, emphasizing the importance of ‘reading the room’ in light of current challenges. The tariff disputes have further exacerbated the situation, prompting a reevaluation of Tesla’s stock forecast. Despite these setbacks, Tesla remains a focal point for investors watching the tech and automotive sectors. — new from Barron’s