Tesla shares had rallied in the wake of Trump’s reelection, which Musk vigorously supported, but are down almost 40% off their peak in December.

Tesla was downgraded by two firms, reflecting growing unease following a public fallout between CEO Musk and President Donald Trump.

Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.

Key Points One Wall Street analyst downgraded Tesla stock today. CEO Elon Musk's feud with President Trump may hurt the EV company. Expectations for Tesla's upcoming robotaxi reveal event may be too high.

Tesla Inc. was downgraded on Monday by Argus Research and Baird due to concerns about the company's outlook following a clash between CEO Elon Musk and President Donald Trump. But George ...

Tesla Inc. received a pair of downgrades ... demand for new Teslas,” wrote analysts at Argus Research, who downgraded the stock to hold from buy. The feud, they added, is emblematic of how ...