A bull and a bear both offered pessimistic views of Tesla stock after the automaker reported its Q1 deliveries, which provided the first look at its business this year. JPMorgan analyst Ryan Brinkman, the bear, cut his forecast for Tesla's earnings to 30 cents a share down from a previous estimate of 43 cents and below Wall Street consensus of 39 cents, according to FactSet. Brinkman added that he sees 60% downside to his price target of $145 a share and maintained his sell rating.

Tesla (NASDAQ:TSLA) stock is down 3% in Monday’s session, sliding from $360.59 to $350 as a fresh wave of bearish catalysts converges on the EV giant. The move extends a painful stretch for shareholders who have watched the stock shed 19.82% year-to-date heading into today. The selling pressure isn’t coming from one direction. A Q1 ... Tesla Skids 3% Amid Delivery Shortfall Concerns, Execution Risks, and JPMorgan’s Bearish Warning

Seagate Technology stock jumps after Morgan Stanley names the maker of hard disk drives its ‘top pick,’ replacing Western Digital.

Price cuts on China-made models helped lift registrations and intensified EV competition in Korea.

BYD is building a backdoor into the U.S. that could eventually reshape the global auto market. And while Tesla still controls where it matters most, the Chinese EV maker could pose a serious threat to carmakers.