TSLA - UBS REITERATES SELL ON TESLA, CITES DECLINING GLOBAL INTEREST UBS analyst Joseph Spak maintains a Sell rating and 190 price target on Tesla, citing falling consumer interest in Tesla and EVs across the U.S., China, and Europe. The UBS survey shows U.S. market saturation, limited models, and affordability issues; in China, rising competition; and in Europe, possible brand damage linked to Elon Musk’s politics. Spak remains cautious, noting that while there’s excitement around Tesla’s robotaxi and robotics ventures, challenges in the core auto business pose risks, especially with potential regulatory changes in California.