“Bear case” MS is calling for $10, down from $97 previously. But note their current price target is $230. As written here many times, this year is about demand. The theme of the quarter is Tesla has grown too fast relative to demand, hence the cost cuts, no one with a sane mind will deny that. They need to accelerate the Model Y release. I still maintain they made a mistake by releasing the Model 3 first. No one wants sedans anymore.

Meanwhile some reports are flying around that Apple tried and failed to buy Tesla at $240 a share in 2013... I have never seen such a dichotomy of opinions on a stock.