Tesla’s stock gets its lowest price target from a bull. It still implies 39% upside.

• The market’s at a fork in the road, says RBC as it becomes third firm to cut S&P 500 forecasts.

  Three is a trend, as RBC Capital Markets joined Goldman Sachs and Yardeni Research in slashing S&P 500 price targets.
  
  MarketWatch - 1d

• Sen. Mark Kelly says he's giving up his Tesla

  Tesla sales are down, its stock prices are slumping and the Elon Musk-led electric vehicle company has just lost another previously satisfied customer in the U.S. Senate: Mark Kelly of Arizona. ...
  
  CBS News - 3d

• Tesla sales have ‘significantly underperformed’ in all key regions, analyst says

  Mizuho lowers its price target by 16.5% to reflect all of the EV maker’s current woes.
  
  MarketWatch - 16h
• 

  China Cools on Musk: ‘Two Cars for the Price of One Tesla’

  Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important market.
  
  The New York Times - 5d

• Inflation rate eased to 2.8% in February, lower than expected

  The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.
  
  CNBC - 6d
• 

  Short sellers make $16bn profit from Tesla’s share price plunge

  Payday follows years of pain for hedge funds that bet against Elon Musk’s electric-car maker
  
  Financial Times - 12h
• 

  Senate Democrat: 'Trump really only cares about Tesla's stock'

  Sen. Chris Coons (D-Del.) slammed President Trump’s show of support for Elon Musk’s Tesla on Tuesday, arguing the president only cares about boosting the stock price of his close ally’s company. ...
  
  The Hill - 6d
• 

  Sen. Mark Kelly ditching his Tesla: 'Built and designed by an a‑‑hole'

  Arizona Sen. Mark Kelly (D) says he’s looking for a “new ride” and is going to get rid of his Tesla, which he says was “built and designed by an a‑‑hole.” “I’m here in Washington driving to work ...
  
  The Hill - 3d
• 

  Tesla’s Letter to the Trump Administration, Tariffs and a Market Meltdown

  Even Elon Musk’s electric vehicle maker is bracing for pain from the trade wars, as stocks fall into correction territory.
  
  The New York Times - 4d

More from MarketWatch

• Intel’s stock is on a five-day hot streak — but it’s still below last month’s highs

  Despite excitement over Intel’s new CEO, shares are still below the company’s year-to-date highs — in February, when investors were expecting an imminent breakup.
  
  MarketWatch - 18m

• Your 401(k) may need some all-weather protection

  With retail investors in the grip of stock-market turmoil, a fund that protects against all kinds of financial risks seems like a good idea. Is it?
  
  MarketWatch - 56m

• ‘They hate our generation’: My son and daughter-in-law want us to sell our house — and move to Oregon to start a commune

  “They have spent thousands of dollars taking month-long earthship-building classes.”
  
  MarketWatch - 1h

• ‘I’ll retire when I’m dead’: My 401(k) lost $50,000 in the market turmoil. I’m in my early 40s. What should I do now?

  “I have no clue how the funds in my 401(k) are invested.”
  
  MarketWatch - 1h

• Sarepta’s stock slammed after patient dies of liver failure. Here’s what Wall Street is saying.

  More than 800 people have been treated with Elevidys, the only approved treatment for Duchenne muscular dystrophy, the company said.
  
  MarketWatch - 1h

More in Business

• 

  US Chief Justice rebukes Trump after president’s threat to impeach judges

  John Roberts issues rare statement to say attacks on judicial branch of government are not ‘appropriate’
  
  Financial Times - 17m

• Intel’s stock is on a five-day hot streak — but it’s still below last month’s highs

  Despite excitement over Intel’s new CEO, shares are still below the company’s year-to-date highs — in February, when investors were expecting an imminent breakup.
  
  MarketWatch - 18m
• 

  Egg Prices Have Dropped, Though You May Not Have Noticed

  Wholesale egg prices are about half what they were last month. Fewer bird flu outbreaks and weakened consumer demand are contributing to the decline, economists say.
  
  The New York Times - 18m

• Supreme Court chief justice rebukes Trump over call to impeach judge in deportation case

  Trump's demand came a day after Chief Judge James Boasberg grilled a Department of Justice lawyer about deportations of alleged Tren de Aragua gang members.
  
  CNBC - 20m

• Texas has 'stronger brand than New York' as Wall Street looks south, Gov. Greg Abbott says

  The Texas governor spoke to CNBC after the Nasdaq announced it was opening a regional headquarters in Dallas.
  
  CNBC - 29m