Which Tesla Did Trump Buy? That would be a MAGA red 2024 Model S. But Tesla has other fish to fry than a 78-year-old joyriding in an electric sports car. Tesla’s reign in the EV arena is faltering, it’s stock battered by slashed forecasts, delivery woes, and Musk’s bellicose political entanglements.
The future feels more uncertain. But this week, an odd turn saw support from Donald Trump, giving the stock a much-needed lifeline. So is it time to buy, or did Elon F up?
Analysts Cut Tesla Targets Amid Weak Demand
Wall Street is cooling on Tesla fast. Independent investment bank Evercore ISI slashed its price target to $235, citing weaker delivery projections for 2025. Analyst Chris McNally now pegs 2023’s numbers at 1.75 million vehicles, a dip from last year’s 1.8 million and slightly undercutting 2024’s expectations.
The Union Bank of Switzerland followed suit, trimming estimates to 1.7 million units as weak demand in Europe and China undercuts Tesla’s momentum. And Guggenheim Partners piled on, revising its first-quarter forecast down to 358,000 vehicles from an earlier 405,000.
With rising competition from China’s surging EV makers and doubts surrounding Tesla’s new model pipeline, the brand suddenly looks far less invincible.
Which Tesla Did Trump Buy? Trump Says TSLA Vandalism Is Terrorism
Sitting in a polished red Model S, Trump declared Tesla “a great company” and pledged to buy one, a gesture that felt more performative than practical. The show didn’t stop there. Trump launched into attacks on anti-Tesla protesters, dismissing them as “domestic terrorists” destined to “go through hell.”
Traditionally supported by progressive consumers in the U.S. and Europe, Tesla now faces a crisis point if its loyal consumer base continues to buy or abandons the brand.
Technicals Signal Potential Rebound for Tesla Stock
Tesla’s stock chart is flashing mixed signals, but there’s life here yet. After a brutal 15% drop earlier this week, TSLA clawed back 7.2% by Wednesday.
99Bitcoins analysts see a rounded bottom forming, a classic bullish setup if resistance levels can be cracked. Key levels to watch are $230 for support, where buyers have stepped in to steady the ship, and $250-$255 on the upside. If TSLA punches through that range with volume, it could trigger a cup-and-handle breakout, eyeing $270 as the next stop on the climb.
Adding fuel to the optimism is a “golden cross,” with the 20-day simple moving average pushing above the 200-day. While RSI floats at a middling 54, room remains for upward action before creeping into overbought territory.
Tesla’s struggles extend beyond delivery concerns and brand controversies. 99Bitcoin’s analysts worry about the company’s long-term trajectory amid growing skepticism around its self-driving technology. Despite Elon Musk’s claims of launching an unsupervised robotaxi program by June, data from Tesla’s Full Self-Driving community tracker shows minimal improvement in disengagement rates.
Furthermore, doubts persist about Tesla’s ability to expand its lineup. While Musk teased a more affordable EV earlier this year, no formal designs or production plans have been unveiled, leading investors to believe it could be a stripped-down Model Y variant.
Which Tesla Did Trump Buy? It Might Not Matter
Maybe Tesla and Elon Musk need to develop Picrel fast. With that said, Tesla’s path forward is foggy but not without potential. Rebuilding investor trust means steadying its stock performance, delivering more than just hype, and waiting for the left-wing vitriol to die down. These are simple fixes in theory but far from easy in practice.
For now, the picture isn’t pretty. Whether it’s Musk’s vision or pure luck that rights the ship remains an open question.
Tesla’s ability to meet market expectations and weather political storms will be the defining story for the rest of 2025.
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Key Takeaways
- Which Tesla Did Trump Buy? That would be a MAGA red 2024 Model S. But Tesla has other fish to fry than a 78-year-old joyriding.
- Wall Street is cooling on Tesla fast. Independent investment bank Evercore ISI slashed its price target to $235.
- Tesla’s path forward is foggy, but not without potential
The post Which Tesla Did Trump Buy? Time to Buy $TSLA Again, Or Did Elon F Up appeared first on 99Bitcoins.
