Share to twitterTesla CEO Elon Musk exits federal court after attending a hearing on April 04, 2019 in New York City.Tesla has entered a dangerous phase in its relatively short life, shifting from a company many believed had vast long-term growth potential to a “distressed-credit and restructuring” story, according to an influential Wall Street analyst., discussed concerns about the company in a nearly one-hour call with investors that was recorded and leaked online Wednesday.
, which could be triggered by factors including missing estimated sales goals for China by as much as 50%. The stock plunged 6% in Nasdaq trading on Wednesday to $192.73, its lowest since December 2016. Tesla is down 42% this year. The company didn’t immediately respond to a request for comment on the matter. Jonas’s comments were reported earlier by
Morgan!cd you not hv poked on time to check this decline! Ambitious deliver,but damage planks to distress banks! Not only resourcing but entire process,where seasoned guides need to be poised,not poison!
This dumpster fire will really blaze when governments get off the hype train and cut the subsidies to consumers. Death spiral on the horizon.
Because there's nothing fundamentally different about a Tesla...it's just an electric version of what we already have...it's not cheap, it's not more reliable, it's not even safer.
Life and debt come at you fast.
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