Wedbush analyst Dan Ives slashed his price target on Tesla stock from $550 to $315 per share. Should investors sell as analysts like Ives grow more bearish on Tesla stock, or should they jump in given the upside that still exists in that new price target?

Tariffs remain in effect on Chinese goods, including batteries for electric vehicles and imported cars, analysts said.

Tesla stock dropped in premarket trading Thursday, following a sharp gain of over 20% on Wednesday, according to Barron's. The decline came after President Trump paused some import tariffs for 90 days,