Tesla stock traded higher early Wednesday as shares continue to recover from last week's sell-off with the feud between Elon Musk and President Trump cooling down.

Tesla ( TSLA 5.66%) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316.

Tesla shares have shown a sharp decrease since Elon Musk's feud with President Donald Trump which could have negative impacts on the billionaire.

Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.

A fan page of Vice President JD Vance asked Americans on social media whether they would thank Elon Musk after the Tesla Inc. (NASDAQ:TSLA) CEO reportedly lost $113 billion while leading government efficiency efforts.

Shares of Elon Musk’s electric vehicle maker fell sharply Thursday as investors fear his dispute with President Donald Trump could end up hurting the company.

Last week, a social media post from Elon Musk caused many people to stop what they were doing and look down at their phones. Even for the Tesla (TSLA) CEO, known for his controversial and bold opinions,

Congressional stock trading reports show that two allies of President Trump loaded up on additional Tesla shares as the relationship between the president and Elon Musk began to show signs of strain but before their falling out.