Investors await Federal Reserve interest-rate decision this week, while bracing for another round of U.S. tariffs.

Coming into Monday trading, the EV maker's shares have dropped for eight consecutive weeks, losing 41% over that span.

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In the same investor note, JP Morgan slashed its price target for Tesla shares to a mere $120, representing more than a 50% drop from the $249 mark it was trading at last week. Tesla’s market cap has already plummeted roughly 49% since December, free-falling from a peak value of $1.54 trillion to under $800 billion, Business Insider notes.

After a slight rebound earlier this week, Tesla's TSLA stock is back to falling, keeping with its recent performance. Even U.S. President Donald Trump's purchase of one hasn’t done much to spark real momentum for the electric vehicle (EV) leader.