Barclays slashes price target for Tesla Unlisted Video

Markets Insider reports that Tesla stocks slipped early Thursday after Barclays cut its price target for a second time this year. Barclays analyst Brian Johnson wrote; "Model 3 demand is stagnating in the US, the company still doesn't have a path to significant auto profitability and solar storage installations have declined sequentially over the past two quarters". The firm said Tesla is in a position to "stall,". Barclays also named issues over demand as another reason for the adjustment.