Noted Tesla bear says Musk's EV maker could 'go bust' and stock is worth $14
Publishing timestamp: 2024-04-03 09:01:49
Summary
Hedge fund manager predicts Tesla could "go bust" and stock could fall to $14 due to disappointing delivery numbers, intense competition, and weakening demand. Other analysts also express concerns about Tesla's performance. Some still bullish on the company's long-term potential.
Sentiment: NEGATIVE
Tickers: VOW-FF, VOW3-DE, TSLA,
Keywords: technology, electric vehicles, investment strategy, markets, volkswagen ag, climate, tesla inc, business news, environment, elon musk,
Source: https://www.cnbc.com/2024/04/03/tesla-bear-says-elon-musks-ev-maker-will-go-bust-stock-worth-14.html