Tesla shares edged higher in early Friday trading, but have lost nearly have of their value since mid-December, and a top Wall Street analyst suggests there could be more declines ahead tied to weakness in the group's core automaking business.

Tesla backlash continues as the stock nosedives and Musk pushes conspiracy theories about protests and arsons at dealerships.

The speaker of the House of Representatives (R-Louisiana) said Congress would probe “domestic terrorism” attacks on the Tesla brand after the company's vehicles, dealerships and charging stations were targets of vandalism,

Explore the main reason why the Tesla stock price is crashing, and what to expect in the coming months after Trump's intervention

Another analyst cut a target price for Tesla stock because car business fundamentals are “spoiling razzle-dazzle momentum.” The price target cuts are piling up. On Friday, Wells Fargo analyst Colin Langan cut his Tesla price target to $130 from $135.

After weeks of downturns on Tesla J.P. Morgan has lowered its price target on Tesla’s stock. This is mainly because the company thinks that fewer cars will be delivered for the second year in a row. Analysts also say that current and possibly new customers are feeling differently about the electric vehicle maker.

Tesla rebounded Wednesday despite more price target cuts as analysts slash delivery and earnings estimates, citing brand "destruction"