In mid-March, Elon Musk unveiled the Model Y, a compact sport-utility vehicle, as Tesla looks to broaden its appeal among electric-car buyers. Photo: Getty ImagesIt isn’t pretty when investors lose faith in a story stock. After years as a market darling, Tesla’s share price had tumbled by nearly 40% this year and 22% in the last month as of Monday’s close. At least two prominent, formerly-bullish analysts have soured on the stock this week, and prices on its benchmark bond due in 2025 are flirting with record lows.

Source: Wall Street Journal May 21, 2019 15:00 UTC