$TSLA – TESLA FUNDAMENTALS CONTINUE TO SOFTEN, SAYS OPPENHEIMER
Oppenheimer says Tesla’s fundamentals are weakening, with consumer backlash over Elon Musk’s politics and lower 2025 sales expectations. The firm sees mixed progress on autonomy and AI and doubts Tesla can attract conservative buyers due to product fit and weak service network. Brain drain and leadership exits add concern. Oppenheimer maintains a Perform rating.