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J.P. Morgan upgrades Tesla to neutral, ending bearish stance predicting 65% drop.

Market News
05 Jun 2026
Market Watch
View Source
Bullish
pluang ai news

J.P. Morgan has shifted its stance on Tesla by appointing a new analyst, Rajat Gupta, who upgraded the stock rating from underweight to neutral. The previous analyst, Ryan Brinkman, had a bearish view, warning investors to be cautious and predicting a significant 65% drop in Tesla's stock. Despite acknowledging Tesla's high valuation, the new analyst sees underappreciated advantages in the company, signaling a less pessimistic outlook. This change could influence investor sentiment and Tesla's market perception going forward.

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