British banking giant predicts 68% Tesla stock collapse by 2027

HSBC forecasted a 68% downside for Tesla (TSLA) on March 20, signaling a materially bearish analyst view. The bank ramped up its hawkish stance on the stock, likely weighing on investor sentiment and increasing potential for near-term TSLA volatility.

Analysis

HSBC forecasted a 68% downside for Tesla (TSLA) on March 20, signaling a materially bearish analyst view. The bank ramped up its hawkish stance on the stock, likely weighing on investor sentiment and increasing potential for near-term TSLA volatility.