Stock Market: Tesla’s Uptrend Faces Serious Hazards - News Summed Up

Stock Market: Tesla’s Uptrend Faces Serious Hazards


The threats are: Stock performance, Wall Street traders, product competition, 2021 investor selling, and overstated earnings. Threat #1 - Last week's 25% rise was “too good.” Sitting atop an already huge 2020 rise, Tesla is in rare air. It is the wealth that flows to management through Tesla stock options, and it is a very real expense borne by shareholders. Tesla's 2-3/4 year earnings record John TobeyNote: Most analysts and online sites report Tesla's non-GAAP earnings (although the online service, Financial Visualizations, uses the GAAP amounts). The eventual payoff can be a serious loss, so now is not the time to excitedly buy or hold Tesla stock.


Source: Forbes January 10, 2021 17:15 UTC



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