Tesla stock’s ‘bear case’ is $10, Morgan Stanley says

[NewsFeeder]

Tesla stock’s ‘bear case’ is $10, Morgan Stanley says

Tesla Inc. shares slide further on Tuesday after analysts at Morgan Stanley peg their worst-case scenario for the stock at $10 and say the Silicon Valley car maker might have grown “too big.”

https://finance.yahoo.com/m/f0ff12e...7/tesla-stock’s-‘bear-case’-is.html?.tsrc=rss

 

[James48843]

Tesla stock’s ‘bear case’ is $10, Morgan Stanley says

Tesla Inc. shares slide further on Tuesday after analysts at Morgan Stanley peg their worst-case scenario for the stock at $10 and say the Silicon Valley car maker might have grown “too big.”

https://finance.yahoo.com/m/f0ff12e...7/tesla-stock’s-‘bear-case’-is.html?.tsrc=rss

Tesla isn’t a $10 stock.

Tesla is a $1 stock. At this moment, it makes cars, but it loses money on every single one. Tesla is losing $5 per share and is priced at $200 a share.

GM is MAKING $6 a share, and GM stock is selling at $37 a share. GM is priced appropriately, maybe even a little below what it is worth. But TESLA isn’t worth the paper the stock shares are printed on, and 32% of shares are shorted right now, meaning a LOT of people are betting on Tesla to go down.


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