Tesla closes at a 2 1/2-year low after analyst who cut his price target for the 4th time this year warns it's facing a 'code red situation' (TSLA)

Tesla shares on Monday closed at a 2 1/2-year low after an analyst cut his price target on the stock in a report that followed a session of heavy selling on Friday.
The Wedbush analyst pointed to a host of concerns around the electric-car maker, including an email CEO Elon Musk sent to employees last week detailing cost-cutting measures.
Investors dumped the stock last week after the National Transportation Safety Board said Tesla's Autopilot feature was engaged during a fatal crash in