, analysts say, and it could cost Musk his CEO role at some of these firms, Nathan warned.
Tesla stock has rocketed higher in 2023 after a terrible performance last year. The stock this year so far has gained 33%, but that's actually down considerably from earlier year-to-date gains of as much as 70% — and Nathan sees much steeper losses ahead for the stock, which he described as"broken." "The fundamentals have shifted. Not a single analyst on the Street has downgraded this stock," he said, referring to Wall Street's reaction following Tesla reporting"They will be downgrading this stock lower, I'm just telling you that people, over the next three to six months or so.
Source: Financial Digest (financialdigest.net)
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