Tesla (TSLA) stock has received a bullish new report from investment bank Morgan Stanley (MS).Optimize Your Investment Research with

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 10.4% in the afternoon session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread.

Shares of electric carmaker Tesla (NASDAQ: TSLA) traded nearly 5% lower as of 11:24 a.m. ET today after analysts at JPMorgan Chase lowered their price target on the stock and maintained their sell rating.

After a slight rebound earlier this week, Tesla's TSLA stock is back to falling, keeping with its recent performance. Even U.S. President Donald Trump's purchase of one hasn’t done much to spark real momentum for the electric vehicle (EV) leader.

Key Takeaways A majority of investors believe Musk's political activity is hurting Tesla, a survey by Morgan Stanley found.Tesla shares jumped Wednesday as tech stock rallied, but remained on pace to decline for the eighth week in a row since President Donald Trump took office and Musk began leading the new administration's Department of

Investors are questioning the tech billionaire's involvement in Trump's administration, while shares in his Tesla electric-car company plummet.It was perhaps the clearest sign yet that Tesla CEO Elon Musk's political maneuvering has backfired.