Tesla Stock Down 29% from All-Time Highs, Analyst Sees 93% More Downside — ‘Sell the News’
Tesla's Cybercab event left unanswered questions about the company's robotaxi plan, analyst Gordon Johnson says in a new note.
Tesla's stock price has dropped a lot from its highest point, and one analyst thinks it could drop even more because the recent robotaxi announcement didn't answer important questions people had. When you're thinking about a company, watch whether big announcements actually explain what the company will do and how it will make money.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.