If you're going anywhere near Tesla (TSLA) , watch out for the falling knife. The company has been hitting some rough patches as the electric vehicle maker looks to shift from auto-making to focus on self-driving technologies,

Tesla shares moved higher in early Thursday trading, but remained mired in a weeks-long slump, as a top Wall Street analysts suggests the recent bearish moves belie what is still a compelling near-term story for the world's biggest EV maker.