A Look At Tesla's Rough Week

• Shares of Tesla Motors Inc (NASDAQ: TSLA) began the week trading near $250 per share.
• The stock has lost 10 percent over the past five days following notable downgrades by Wall Street analysts.
• Analysts were mostly concerned with Tesla's new

Shares of Tesla began the week near $250 but have lost more than 10 percent as the stock traded below the $220 per share mark on Friday. Over the same time period, the Nasdaq ETF, PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQ) gained nearly 2.5 percent. Other notable tech names including Amazon.com, Inc. (NASDAQ: AMZN) and Apple Inc. (NASDAQ: AAPL) gained just over one percent.Meanwhile, shares of Netflix, Inc. (NASDAQ: NFLX) rose nearly eight percent this week.The last time shares of Tesla traded below $220 was on August 24 – but the stock quickly rallied above $260 per share. Prior to that, shares of Tesla last traded below $220 per share in April en route to climbing to an all-time high of $286.65 in July.Investors were clearly reacting to the analysis coming from Wall Street analysts who were not enthusiastic following the much anticipated Model X launch and the company's near-term outlook.Ben Kallo of Baird downgraded shares of Tesla to Neutral with a price target slashed to $282 from a previous $335. While the analyst acknowledged that the Model X launch marked an "important milestone," he suggested that ramping production will be slower than expected given the "complexity of the vehicle."Kallo added that a slower than expected ramp could impact Tesla's vehicle delivery guidance – a key data point that attracts or deters investors. Without a favorable delivery guidance, the analyst suggested that there will be no other catalysts that can boost the stock until the company introduces a Model 3 prototype possibly next March.Kallo's downgrade was perhaps overshadowed by a more bearish report by Brian Johnson of Barclays who revised his rating to Underweight from Equal-Weight with a price target lowered to $180 from a previous $190.Similarly, Johnson argued that "crossing the chasm" will be more difficult than it appears for the company. Johnson argued that since shares of Tesla failed to rally heading into the Model X launch, the stock is lacking a "story-driven" event to support shares. In fact, the analyst is expecting the company's margins to fall below consensus estimates given a slow production ramp and engineering difficulties.Johnson also questioned if the slow ramp of the Model X will affect the Model 3 launching on time.Finally, one of Tesla's "permabull" analyst also revised his estimates lower.Adam Jonas of Morgan Stanley maintained an Overweight rating on the stock but cut his price target to $450 from a previous $465. The analyst is expecting the company to deliver less than 20,000 Model X units in 2016, unless cheaper versions are introduced. In fact, even if the company where to lower the Model X price tag over time through lower-spec models, it may still prove to be too expensive of a vehicle which may result in a lower than expected demand.Jonas also suggested that the higher than expected Model X prices should force the company explore "new business models of mobility that address sustainable transport that more efficiently apply its EV technology."