Berenberg Downgrades Tesla, There's 'Less Room For Disappointment'

Closing Bell

So let's take a look at Tesla shares today down along with the broader market. But underperforming the stock actually getting a downgrade, falling 3.5% downgraded by Berenberg at the firm cutting the E V maker to a hold from a buy, signing a misplaced fear of a price war and appears to have been accepted by the market. Well, the note went on to say that there's less room for disappointment from Tesla, Tesla stock up a whopping 52% just this year.