Tesla Stock: Analyst Predicts 50% Crash, Investors Await Dip

Wall Street analyst Ronald Jewsikow has raised his firm's price target for Tesla stock to $132 per share, but still believes the company is overvalued and predicts a potential crash, with his price target representing a 48% drop from Friday's closing price. In contrast, Deutsche Bank analyst Emmanuel Rosner lowered his price target to $260 per share but still sees Tesla as a buy, anticipating future growth with the launch of a new platform and expansion of ancillary businesses. The differing opinions reflect the uncertainty surrounding Tesla's valuation and the long-term prospects of the company.