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Tesla Hit With a Pair of Downgrades Amid Fallout From Trump Feud

Musk Needs to ‘Dial Down the Drama’: Nancy Tengler

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By Ryan Vlastelica

June 9, 2025 at 12:14 PM UTC

Updated on

June 9, 2025 at 1:13 PM UTC

Tesla Inc. was hit with a pair of downgrades on Monday, underscoring mounting concerns on Wall Street about the electric-vehicle maker’s outlook following last week’s clash between Chief Executive Elon Musk and President Donald Trump.

Both Argus Research and Baird cut the stock to the equivalent of hold ratings, cementing Tesla’s reputation as the least-loved megacap stock among analysts. Shares fell 1.6% in premarket trading.