3 Most Compelling Reasons To Bet Tesla Stock Could Plunge 95% - News Summed Up

3 Most Compelling Reasons To Bet Tesla Stock Could Plunge 95%


GettyI would not sell Tesla stock short -- but I think its shares could fall much more. Indeed, I see three reasons that Tesla stock could plunge as much as 95% -- and you can profit from this outcome without shorting its shares. At $205 a share, Tesla stock sits 47% below its June 20, 2017 all-time high of $387. Drop in Chinese demandA big reason that Tesla stock rose in the past was its ability to grow faster than expected. For example, Adam Jonas of Morgan Stanley envisions a scenario in which Tesla stock plunges to $10.


Source: Forbes May 22, 2019 13:49 UTC



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