
Demand issues and rising competition, both domestically and abroad, have weighed on Tesla in recent quarters. Shares of Elon Musk’s EV giant are now down more than 30% year-to-date, and 58% from their 2021 all-time high. And after reporting vehicle delivery numbers that were 13% below Wall Street’s consensus estimates earlier this month in what some analysts labeled a “nightmare” quarter, headwinds have become so severe for Tesla that even Wall Street’s most well-known bulls are starting to get nervous. Wedbush Securities tech analyst Dan Ives, who has been a...