Tesla Plummets into Eighth Straight Week of Losses as JPMorgan Flags 60% Downside

Tesla’s slide continued, marking an eighth consecutive week of losses for the electric carmaker — and it has been reported that JPMorgan warned of as much as a 60% downside for the stock. The headline came via a post shared on Reddit’s r/technology, where users highlighted the streak and the bank’s bearish note. It’s a stinging run for a company that once seemed untouchable.

Market reaction

Investors have been selling into a cocktail of worries: slowing deliveries, tighter margins, rising competition, and macroeconomic pressure. Traders are asking a blunt question — is this a correction or something more structural? The mood has shifted from frothy to cautious; volatility has returned to a name that defined the last decade of market euphoria.

Context and what comes next

It has been reported that JPMorgan’s warning reflects deep skepticism about Tesla’s growth runway and valuation, though the claim comes from a secondary Reddit thread and should be treated as unverified until confirmed by the bank. Analysts remain split. Some see the pullback as a painful but healthy reset in a crowded EV market. Others argue the company’s software and energy ambitions still offer upside — if execution holds.

For investors, the emotional moment is clear: nerves. Will Elon Musk and Tesla pivot fast enough to restore confidence? Or will buyers wait on the sidelines while the paper loss deepens? Either way, this is one of those market episodes that feels big in real time — and possibly pivotal in retrospect.

Sources: reddit