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Continuing coverage of Tesla's EV challenges (see Jan 5 Q4 miss analysis), UBS analyst Joseph Spak on January 5 maintained a 'sell' rating with $247 target, arguing AI ventures like robotaxi and Optimus are overvalued amid declining EV sales and slashed earnings forecasts—much upside already priced in despite tech progress.

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Building on recent U.S. and European sales slumps and insider activity (see prior coverage), UBS Group on January 5, 2026, reaffirmed its 'sell' rating on Tesla (TSLA) with a $247 price target—implying 45% downside from $451.43. Analyst Joseph Spak cited missed Q4 deliveries (418,000 vs. 423,000 expected), BYD overtaking as top EV producer, and growth bets like robotaxi/Optimus already baked into the lofty valuation.

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