Wall Street Is Losing Faith in Tesla

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Tesla was once seen as having boundless potential, but a falling stock price and capital needs have reined it in, WSJ's Heard on the Street says

After years as a market darling, Tesla’s share price had tumbled by nearly 40% this year and 22% in the last month as of Monday’s close. At least two prominent, formerly-bullish analysts have soured on the stock this week, and prices on its benchmark bond due in 2025 are flirting with record lows.

 

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Tesla is struggling because of news articles like this. Consumers have nothing to associate Tesla with but Fires, crashes and falling stock prices. Are you guys working for the short sellers or big oil?

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