Is Tesla Headed for a Cliff?
This week, JPMorgan Chase (NYSE: JPM) made headlines by predicting that Tesla (NASDAQ: TSLA) would fall a whopping 40% in the next 12 months. Tesla is having its fair share of troubles with production issues and debt, but a 40% short stake is still leaving many analysts shocked.
In this today's episode of Market Foolery, Chris Hill talks with Motley Fool analyst Tim Hanson, about why he agrees that Tesla is headed for the hills, and what it means for Tesla's future as a public company. Also, the hosts talk about earnings from lululemon athletica (NASDAQ: LULU), and introduce listeners to the Fool 100 Index -- a market-cap-weighted index of The Motley Fool's 100 biggest ideas.
A full transcript follows the video.
Source: Fool.com
Tesla Inc Stock
€163.74
-0.840%
Our community is currently high on Tesla Inc with 57 Buy predictions and 27 Sell predictions.
With a target price of 248 € there is a hugely positive potential of 51.46% for Tesla Inc compared to the current price of 163.74 €.
