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Long-time Tesla bull, Trip Chowdhry, has turned bearish, projecting a sharp drop in the stock price to $150 due to concerns over AI-related narratives.
Chowdhry, a long-time Tesla bull, has issued a strong sell recommendation for Tesla, citing the collapse of AI-related stories and setting a target price of $150 for 2026.
This forecast comes as Tesla's stock has fallen 18% this year, with major institutions like UBS and Morgan Stanley also lowering their target prices for Tesla, showing a skeptical outlook.
Investors should pay attention to the vehicle delivery numbers for Q1 2026 and the management's announcements regarding AI and robo-taxis, as whether Tesla can demonstrate tangible results in AI and autonomous driving is likely to determine the future direction of the stock price.

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