Tesla’s Stock Is on the Brink of Disaster as Growth Gets Shorted Out

2019-5-16 23:00

By CCN: Tesla investors are having a forgettable year as the stock has made them poorer by more than 30%. The Elon Musk-led company’s stock fell to two-year lows earlier this week. But independent investment banking advisory firm Evercore ISI believes that the bloodbath isn’t done yet and has lowered its stock price target to $200 from $240.

This represents a 13% drop from Tesla’s current stock price. The Wheels Are Coming Off Tesla’s stock has been hammered this year as investors and analysts have recognized that the electric vehicle maker faces an uphill task to grow sales thanks to

The post Tesla’s Stock Is on the Brink of Disaster as Growth Gets Shorted Out appeared first on CCN

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Источник: ccn.com

stock tesla → Результатов: 70


Tesla’s woes unlikely to end soon, but startups can take a cue

“Funding secured. ” When Tesla founder and CEO Elon Musk tweeted the above statement early August, it kickstarted a series of things: Tesla stock jumped from about $363 to $379. The Securities and Exchange Commission launched a formal investigation into Musk — accusing him of making false and misleading statements to prop up Tesla’s value.

2018-10-11 23:00


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