Tesla’s (TSLA) stock continued its downward trajectory in March, following a 28% plunge in February, its steepest monthly decline since December 2022. Today, Tesla stock trades 44% below its all-time highs,

Morgan Stanley has once again named Tesla, Inc. its "Top Pick" among U.S. automakers, arguing that the stock's nearly 30% decline this year reflects a "clear buyers' strike." Analysts led by Adam Jonas maintained an 'Overweight' rating and a $430 price target on the stock on Monday despite growing concerns over weak car deliveries and declining market share.