Shares of electric carmaker Tesla (NASDAQ: TSLA) traded nearly 5% lower as of 11:24 a.m. ET today after analysts at JPMorgan Chase lowered their price target on the stock and maintained their sell rating.

The first place I would look for a clue from Tesla options is the weighted put-call ratio. That chart is shown below. There was a local minimum at an extremely low level last Dece

Key Takeaways Tesla shares rose close to 4% Friday amid a broader market rebound, but posted losses for the eighth week in a row, with some Wall Street analysts expecting further declines.Wells Fargo and JPMorgan analysts said they expect the stock could lose roughly half its value again,

Unlike the rest of the group, Tesla is a richly valued, highly volatile stock that trades on hopes for the future rather than dominance in the present. Here’s how to value it.