JPMorgan warns Tesla stock could sink 60% in new note. $TSLA is forming shoulder-head-shoulder formation

TLDR: JPMorgan slapped a $145 price target on TSLA (Sell rating), calling ~60% downside, after Tesla missed Q1 deliveries by ~7,600 units and built a 50,000-unit inventory surplus.

https://finance.yahoo.com/video/jpmorgan-warns-tesla-stock-could-sink-60-in-new-note-heres-why-142000095.html

Tesla is probably the prefect reflection on how the stock market is irrational.

h/t OkLetterhead7047