A Sept. 30, 2016, file photo shows the logo of the Tesla model S at the Paris Auto Show in Paris, France. Shares of Tesla are down 50 percent since September 2019, with concerns about Model 3 demand in the U.S. at the forefront. Daniel Ives of WedBush said in a client note Monday, May 20 that so far there seems to be mixed signals on Model 3 demand, which could make it harder for Tesla to achieve a profit in its third and fourth quarters and the future. (AP Photo/Christophe Ena, File)