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Tesla (TSLA.US) faces "betrayal" in its hometown and may be excluded from California's new electric vehicle tax credits.
California Governor Gavin Newsom's office said on Monday that if President Trump cancels federal tax credits for buying electric autos, Tesla's electric autos may not qualify for California's new state tax credit exemption proposal.
The "Trump Buff" is ineffective? ubs group: Tesla's fundamentals are not keeping up, and the stock price is expected to drop by more than 30% in the future!
① Analysts at ubs group believe that Tesla's stock price may adjust, as its fundamentals do not support the recent surge in stock price; ② The firm maintains a "sell" rating with a target price of $226, indicating that Tesla's stock price has about a 33% downside potential.
Tesla Stock Falls 4% on News of Exclusion From California EV Tax Rebates
