RBC Capital Markets cut Tesla’s expected price mark to $320 from $440 on lower projections for robotaxi and self-driving software.

Mizuho analyst Vijay Rakesh trimmed his price target on Tesla (TSLA) this morning, asserting that the EV giant is headed for a rough sales patch in 2025. In February, the electric vehicle maker underperformed the broader market in terms of sales across all three of its key markets: China,

Tesla shares dropped amid a broader tech selloff, as analysts warned of lower overseas demand for the EV maker's cars and a consumer backlash against Elon Musk's political activities. The stock was down nearly 4% at below $229 in midday trading,

Tesla raised the China price of its new Model Y Long Range by RMB 10,000 ($1,380) to RMB 313,500 on Tuesday local time. But that may not reflect strong demand. Meanwhile, Tesla China EV registrations picked up along with most other electric car makers in China.

Key Takeaways Tesla shares fell, extending recent declines. Chinese EV maker BYD reportedly unveiled a charger than can fully power a car in five minutes. BYD plans to launch vehicles with the technology starting next month.