Tesla stock was falling in early trading Tuesday after eking out a gain on Monday as Wall Street tries to catch up with investors. Shares of the electric vehicle maker were down 0.5% at $409.00 in premarket trading Tuesday while S&P 500 and Dow Jones Industrial Average futures were edging up 0.

This downgrade contrasts with recent upgrades by other analysts. On Monday, New Street Research analyst Pierre Ferragu upgraded Tesla to 'Buy' from 'Hold,' raising the price target to $460 from $240. Ferragu pointed to expected growth in Tesla's lower-cost models and advancements in AI-driven autonomous technology as key growth drivers.

Tesla stock has hit a rough patch in recent weeks, but top analysts still see big gains ahead for the EV maker's stock this year.

Tesla stock was falling in premarket trading Wednesday after dropping in the previous session after the National Highway Traffic Safety Administration launched an investigation into a new feature on its vehicles.

Key Takeaways NHTSA opened an investigation into Tesla's Smart Summon and Actually Smart Summon features, which allow users to move their vehicles remotely using an app.The regulatory agency has received complaints that Tesla vehicles failed to detect obstacles or parked vehicles,

Tesla stock slipped on Tuesday after Bank of America said it sees shares fairly priced, with some risk to the downside.

BofA Securities analyst John Murphy downgraded shares of electric-vehicle maker Tesla to Hold, but his new target price implies about 17% upside.