Tesla shares could drop to $10 in a worst-case scenario, Morgan Stanley says

This is actually NOT the worst case scenario for Tesla or its shareholders.

(From CNBC)

Morgan Stanley cut its bear (worst-case) forecast on Tesla’s stock from $97 to just $10 on Tuesday, citing concerns about the company’s increased debt load and geopolitical exposure.

In particular, Morgan Stanley analysts said the reduction was driven by concerns around Chinese demand for Tesla products.

Reprinted from: https://www.ac2news.com/2019/05/tesla-shares-could-drop-to-10-in-a-worst-case-scenario-morgan-stanley-says/

0 0 votes
Article Rating

Follow Against Crony Capitalism on:

Notify of
Inline Feedbacks
View all comments