Tesla (TSLA) is trading lower after Deutsche Bank analyst Emmanuel Rosner downgraded the stock to Hold from Buy. Rosner made the move on the likelihood of the Model 2 being delayed and the company putting more focus on its robotaxi. Rosner will discuss the call when he joins Market Domination at 3:20 p.m. ET. Another stock to watch is Netflix (NFLX). The streaming giant releases its first-quarter results after the market close. Investors will be watching to see if its password-sharing crackdown is still effective in driving the platform's subscriber growth. Other trending tickers on Yahoo Finance include Taiwan Semiconductor Manufacturing Company (TSM), Lithium Americas (LAC), and Wells Fargo (WFC). Top guests today include:3:05 p.m. ET - Julian Emanuel, Evercore ISI Senior Managing Director Equity, Derivatives and Quantitative Strategy3:45 p.m. ET - Matt Ballensweig, BitGo Managing Director, Head of Go Network, and Alex Felix, CoinFund Co-Founder and CIO4:05 p.m. ET - Steve Laipply, BlackRock Global Co-Head of Bond ETFs4:30 p.m. ET - Bruce McNeilage, Kinloch Partners Co-Founder & CEO
Tesla (TSLA) was once soaring high — a member of the Magnificent Seven group of tech or tech-adjacent stocks that led rallies in the S&P 500 (^GSPC) to one of its all-time highs — but has since fallen from grace in the 2024 trading calendar. The company has faced a litany of challenges, from disappointing production figures to leadership concerns around CEO Elon Musk. Yahoo Finance Anchor Madison Mills breaks down a timeline of the challenges that Tesla has faced in recent months to give context to its slide from the top. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
