Expected a Strong Decline in Tesla's Share Price

According to BNP Paribas, Tesla's stock has been downgraded 

to "Underperform"  with a price target of around $305.

This would mean a loss of approximately

29% of Tesla's current share price in the event of a downturn.

According to the bank's statements, Tesla's current projects,

which rely on artificial intelligence, are not currently generating any sales.

This was a strong reason for the stock's downgrade at this time.

This is based on the stock's technical outlook:

In the event of a decline from current levels,

there are very strong buy zones for the stock at $359.

If buy signals appear, it is expected to rise from these levels again.

If it breaks and closes below $336,

the stock may continue to decline, reaching approximately $300.