Tesla Share Price: Shares of electric vehicle maker Tesla have fallen for seven consecutive weeks, the longest decline in the company's 15-year history. On Friday, Tesla's stock closed at $270.48, reflecting a decline of more than 10%.

Tesla's market cap has fallen by more than $800 billion since its highest level of $480 in December 2024.

Bank of America has reduced Tesla's share target from $490 to $380. The reason for this decline is said to be the lack of sales of new vehicles and the lack of updates to the affordable electric car.

Goldman Sachs has also reduced Tesla's share target from $345 to $320. He said that electric vehicle (EV) sales have declined in many markets in Europe, China and the US. Will

Musk's politics harm Tesla?
After Elon Musk joined the Donald Trump administration, investors are worried that it could have a negative impact on their companies. Analysts say Musk's FSD (Full Self-Driving) system is facing competition in China, where other companies do not charge separately for smart driving features. Anti-Tesla sentiment Elon Musk is leading efforts to cut government spending and staff in the Trump administration. Along with this, he is making controversial political statements on social media, which is increasing anti-Tesla sentiment in the US and Europe. Incidents like arson and vandalism have also been seen in Tesla factories in some places. 'Gut Check' moment for Tesla investors Dan Ives of Wedbush Securities called it a "tough time for Tesla bulls" and said Musk's politics are increasing uncertainty for Tesla. However, Wedbush added Tesla to its "Best Ideas" list and has a 12-month stock target of $550. Hope for improvement in the future? Some analysts believe that Tesla's new product launches in 2025-26 could improve the company's position.