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Baird analyst Ben Kallo believes Tesla stock is headed lower and soon. He felt the same way early in 2024—and he was right.

The Tesla stock price has imploded this year, making it one of the worst-performing companies in the Nasdaq 100 indices. TSLA has dropped in the last five consecutive weeks and is hovering near its lowest level since November 4.

Elon Musk appears be to turning off potential Tesla buyers with his embrace of far-right politicians around the world, analysts say, and the hit couldn't come at a worse time.

The EV maker's shares started March with a thud after a terrible February. Investors would like some good news—and soon.

Musk is still more than $80 billion richer than he was on Election Day, even as Tesla’s more than 90% post-election rally shriveled to a 10% gain.