Another day, another one where a long-time Tesla (TSLA) bull questions their views.

A Tesla Bull Bites the Dust

Long-time Tesla bull James Albertine at Consumer Edge slashed his rating to equal-weight from overweight on Tuesday. New price target: $311, down from $385. 

Albertine says Tesla is in need of a deep "corporate restructuring." While Albertine shouts out Musk as being a "generational visionary", he acknowledges the sleep-deprived leader is stretched too thin and needs help in the C-suite. 

Amid all the Tesla hoopla, others on Wall Street could soon follow suit with their ratings. Of the 32 analysts that cover Tesla, 23 either rate the stock a buy or hold. 

In other words, the downgrades could soon pile up.

Retail in Focus

Kohl's (KSS) shares dove 5% in the minutes after its better-than-expected second quarter, but have since recovered to being down 2%. Investors would be right to view the quarter favorably: Kohl's beat on Wall Street's same-store sales and gross margin estimates. More broadly, the company out-performed fellow department stores Macy's (M) and J.C. Penney (JCP) in the quarter from a same-store sales perspective.

Hat tip to Kohl's with those new in-store Amazon (AMZN) pickup points.

Kohl's and Amazon are holdings in Jim Cramer's Action Alerts PLUS.

Check out TheStreet's latest 'Big Interviews' here.

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