According to Golden Finance, more and more investors on Wall Street are disappointed by Tesla, according to CNBC. UBS and Redburn Atlantic reiterated their sell ratings for Tesla as Model Y's delivery forecasts were sluggish and a lack of growth catalysts in the near future. UBS cut Tesla's target price by $24 to $225, while Redburn is even more pessimistic, with a target price of $160. "We expect sales will stagnate this year without the upcoming new cars," Redburn analyst Adrian Yanoshik wrote. "So far, the sluggish new car registration data could mark an ongoing demand challenge. Meanwhile, we expect cash flow to be affected by the new Model Y models that began delivering in March as inventory increases. The U.S. may impose tariffs on goods imported from Mexico, adding to the cost burden." Tesla shares plunged more than 13% on Monday, with a cumulative decline of more than 40% this year. If the trend fails to reverse, the stock could fall for the eighth straight week after a big rally triggered by the U.S. election, the company's longest (weekly) streak in 15 years.