J.P.Morgan cut its price target on Tesla's stock as the brokerage expects a second straight year of lower deliveries, with analysts also pointing to a change in sentiment toward the EV maker from existing customers and potential new buyers.

Tesla received two price-target cuts, as analysts slash earnings and delivery estimates amid signs of weak demand and a tarnished brand image. But Tesla stock jumped Wednesday, extending Tuesday's bounce amid President Donald Trump's White House promotional event.

In case you didn't know, Donald Trump pretty much held a car show at the White House on Tuesday. Media event with people observing futuristic cars outside a building. Photographers and reporters are capturing the scene Tesla hasn't been doing so hot recently,

The president has supported Elon Musk throughout protests against Tesla, but he hasn't always been on the side of electric vehicles.

The Tesla was “the most Democratic car make by a longshot,” according to a 2023 analysis of consumer data by Mike Shannon and Will Feltus published in Fortune Magazine. Democratic strongholds of San Francisco,

America PAC has now moved on to influencing the Wisconsin Supreme Court race, with Musk’s group dropping over $8 million to support a conservative judge in an election next month, according to the Associated Press. Donald Trump Jr. and Charlie Kirk are even swooping in to hold a town hall for the conservative judge on Monday.

In front of the White House as he looked over the Tesla vehicles, President Trump said he would not be allowed to drive his new car.