Tesla is trading 3.86% down at €315.45, with JPMorgan’s price-target cut citing weak third-quarter deliveries the clearest reported catalyst. - Reuters reported on September 28 that Tesla shares slumped 3.9% after JPMorgan lowered its price target. - U.S. stocks also faced pressure as rising oil prices and Treasury yields revived inflation and interest-rate concerns amid uncertainty over U.S.-Iran negotiations. - Reporting does not establish how much those broader market factors contributed specifically to Tesla’s move.