Tesla Stock Speeds Toward Brink as Analyst Warns of ‘Outright Disaster’

2019-4-20 20:45

By CCN: Tesla stock has been taken to the cleaners this year. Elon Musk’s stand-off with the SEC, terrible Q1 delivery numbers, and an abandoned Gigafactory expansion plan have tested the mettle of even the most bullish investors.

But with the electric vehicle giant scheduled to report earnings next week, one analyst warns that TSLA shares could take an even more bearish turn. Tesla Stock: Elon Musk Groupies Should Brace for Impact The electric vehicle specialist will release its first-quarter results on April 24. The company already warned investors to expect a steep decline in deliveries that would also miss Wall

The post Tesla Stock Speeds Toward Brink as Analyst Warns of ‘Outright Disaster’ appeared first on CCN

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Tesla’s stock price going to the moon reminds investors of Bitcoin’s $20K run

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2020-2-4 13:15


‘Code Red’ for Tesla: 80% Drop Forecasted as Stock Sinks to $192, a 30-Month Low

By CCN: Within one month, the share price of the Tesla stock has dropped by a staggering 27 percent as it plunged below the $200 level for the first time since 2016. The intensifying downtrend of the Tesla stock is said to have been triggered by a barrage of negative factors including CEO Elon Musk’s admittance of a cash flow issue at the company and the decline in the exports of its flagship models further fueled by the ongoing U.

2019-5-23 13:37


Tesla Stock Plunges After EV Titan Abandons $4.5 Billion Gigafactory Expansion

Tesla stock just can’t seem to catch a break. The latest shock? The Elon Musk-led firm and Panasonic abruptly shelved plans to expand the $4. 5 billion Gigafactory 1 in Nevada. Tesla Stock Suffers Another Major Setback Already the largest EV battery plant in the world, Tesla and Panasonic had planned to expand Gigafactory 1 by a staggering 50% to 54GWh by 2020.

2019-4-12 17:37


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