Tesla Shifts From Growth To 'Distressed-Credit' Story, Morgan Stanley Says

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

Forbes, you continue to put out shit article after shit article. Stop.

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Tesla Shifts From Growth To 'Distressed-Credit' Story, Morgan Stanley SaysAnalyst Adam Jonas sees signs demand for sleek electric Teslas is slipping, exacerbating ongoing cost and debt concerns. Life and debt come at you fast. 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.
Source: Forbes - 🏆 394. / 53 Read more »

Tesla Shifts From Growth To 'Distressed-Credit' Story, Morgan Stanley SaysAnalyst Adam Jonas sees signs demand for sleek electric Teslas is slipping, exacerbating ongoing cost and debt concerns. Nothing new to see here. Regurgitated FUD from yesterday. Ik dacht dat XandervdWulp in gevaar was. they'll bounce back. its just a bad phase for ElonMusk -- now is that two or three phase we are dealing with? ElectricVehicles want to know.
Source: Forbes - 🏆 394. / 53 Read more »