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Tesla shares plunge below Lutnick's 'never this cheap' level

In an article published on April 7, 2025, by Fortune, Howard Lutnick, CEO of Cantor Fitzgerald, expressed his belief that Tesla's stock has never been as undervalued as it is currently, despite the company facing challenges such as declining demand and increased competition in the electric vehicle market. Lutnick's comments come at a time when Tesla's stock price has significantly dropped, making it an attractive investment opportunity in his view. Additionally, the article discusses the potential impact of former President Donald Trump's proposed tariffs on Chinese electric vehicles, which could benefit Tesla by protecting it from cheaper imports. The combination of these factors leads Lutnick to be optimistic about Tesla's future, suggesting that the current stock price represents a rare buying opportunity.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/07/tesla-stock-lutnick-never-this-cheap-level-trump-tariffs/ ]