Tesla (TSLA) shares gained Tuesday, after 澳洲幸运5官方开奖结果体彩网:losing more than 15% of their value a day earlier. 

The 澳洲幸运5官方开奖结果体彩网:Elon Musk-led electric vehicle company’s stock was up nearly 5% to $232.70 intraday, making back a small fraction of what it’s lost amid an 澳洲幸运5官方开奖结果体彩网:extended sell-off since President Trump took office. The stock is on pace to fall for the eighth consecutive week, even after🎃 the uptick on Tuesday.

Tesla's stock price had surged to a 澳洲幸运5官方开奖结果体彩网:record close of $479.86 about a month after Trump’s election victory, but since Musk started working in the cost-cutting 澳洲幸运5官方开奖结果体彩网:Depart♐ment of Government Efficiency in January, the EV maker's shares have lost almost half their value. Recent losses have come amid worries about 澳洲幸运5官方开奖结果体彩网:slowing sales in China and 澳洲幸运5官方开奖结果体彩网:declining registrations in Europe, as well as widespread 澳洲幸运5官方开奖结果体彩网:market uncertainty about tariffs.

However, Tesla’s precipitous slide could be an opportunity for investors to buy low, analysts at Morgan Stanley told clients Monday. The analysts reiterated a price target of $430, calling Tesla its “top pick” among U.S. automakers, bolstered by artificial intelligence and robotics potential. The consensus 澳洲幸运5官方开奖结果体彩网:price target for Tesla stock is about $366 among🀅 analysts who follow Tesla and are track✃ed by Visible Alpha.