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Noted Tesla bear says Musk's EV maker could 'go bust' and stock is worth $14 - TL;DR CNBC

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-FFVOW3-DETSLA

Keywords: technologyelectric vehiclesinvestment strategymarketsvolkswagen agclimatetesla incbusiness newsenvironmentelon musk

Source: https://www.cnbc.com/2024/04/03/tesla-bear-says-elon-musks-ev-maker-will-go-bust-stock-worth-14.html


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