Tesla's Stock and Sales Woes: Is the EV Giant Headed for Disaster?
TL;DR Summary
Hedge fund manager Per Lekander, a noted Tesla bear, predicts that Tesla could "go bust" and its stock could plummet to $14, citing disappointing first-quarter delivery numbers and a "demand problem." Lekander's firm has been shorting Tesla's stock since 2020 and believes the company's business model is facing challenges. Other analysts have also expressed concerns about Tesla's valuation and delivery performance, while some remain bullish on the company's longer-term potential.
- Noted Tesla bear says Musk's EV maker could 'go bust' and stock is worth $14 CNBC
- Tesla's Sales Drop, a Sign That Its Grip on the E.V. Market Is Slipping The New York Times
- "Unmitigated disaster": Tesla's Q1 deliveries shocker could be temporary, or worse Axios
- Why Tesla's Car Deliveries Are a 'Disaster' for Elon Musk New York Magazine
- Tesla stock tumbles almost 5% after big Q1 delivery miss Yahoo Finance
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