UBS downgrades Tesla ahead of its big Cybertruck production ramp - and poses 3 pivotal questions that will define the company's future

• UBS downgraded Tesla to "Neutral" on Monday amid the stock's scorching year-to-date 112% rally.
• While UBS still sees a long-term opportunity in Tesla, its stock is priced for near-perfection.
• UBS posed three pivotal questions Tesla investors should be asking. Here are the answers.

UBS downgraded Tesla to "Neutral" on Monday and argued that a lot of good news is already priced into the stock based on its near-$1 trillion valuation and scorching 112% year-to-date rally.