Few stocks and companies are as divisive as Tesla. Its dramatic 65% plunge last year, its worst ever, has only intensified the debate.
Few stocks and companies are as divisive as Tesla. Its dramatic 65% plunge last year,Investors in the past largely valued Tesla in a category of its own — neither purely tech nor auto. But with legacy car brands catching up and global market and economic conditions,” reaching potentially $1,500 in the next five years.
In an interview with Barron's before the new year and Tesla's fourth quarter delivery report, she points to lower prices, the company making cheaper batteries and the prospect of a fully autonomous taxi service.If investors valued the company like a traditional automaker as competition for its main EV products grow, Tesla has a lot further to fall.
Tesla “is still tremendously overvalued” despite the plunge in its stock price compared to Ford and General Motors, Greenwich Wealth Management CIO Vahan JanjigianTesla will report full year 2022 financial results on January 25.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This stock-market indicator sends a bullish signal amid bearish Wall Street sentiment, BofA saysRecommended allocations to stocks have dropped to levels that historically have sent a contrarian, bullish signal to the U.S. stock market, according to BofA...
Read more »
EUR/USD Forex Signal: Price DropsThe EUR/USD made a bearish breakout on the first official trading day of the year.
Read more »
BTC/USD Forex Signal: Challenging Range Resistance at $16,94Long-term bearish trend persists below $16,949.
Read more »
Piedmont Lithum stock jumps 9% premarket on news of new lithium delivery deal with TeslaPiedmont Lithium Inc. undefined said Tuesday it has amended its agreement with Tesla Inc. to supply the electric vehicle maker with spodumene concentrate, or...
Read more »
Tesla stock price today: Elon Musk's EV maker down 7% on delivery missTesla stock tumbles to start 2023 as the EV maker's vehicle deliveries miss forecasts
Read more »
Tesla stock starts 2023 as the S&P 500’s biggest declinerShares of Tesla Inc. tumbled 10.3% in morning trading Tuesday, to start the year as the S&P 500’s biggest decliner, in the wake of the electric vehicle...
Read more »