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The Tesla Stock Saga: Demand, Valuation, and Market Realities

The Recent Price Cuts and Demand Challenges

The investment community is abuzz as concerns grow over Tesla's sales and market valuation. Gordon Johnson, a well-known Tesla bear, recently predicted Tesla's stock could plummet to $20 per share, implying a staggering 90% loss in market cap. While market prognosticators often make sweeping claims, the current signs point toward notable challenges faced by the electric vehicle giant.