On March 23rd, the analysts from S&P Global Market Intelligence took their recommendation on the stock down to a "sell" rating, which consequently caused a roughly 11% drop in the share price. Tesla’s sales and earnings are expected to “surge” this year, but “we see significant execution and valuation risk in the premium-priced stock,” S&P analyst Efraim Levy said in one-paragraph note to clients. Tumbling down to from $238 to $215, the stock has rebounded well since then, up to a high of 228.89 for today, March 25th.
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