He called Tesla's stock crash. Now he thinks it'll fall even more.
"As a traditional investor, it doesn't fit any valuation system that makes any sense compared to any other stock," Ross Gerber said of Tesla.
Why Tesla Stock Is in the Red Today
Shares of electric carmaker Tesla (NASDAQ: TSLA) traded nearly 5% lower as of 11:24 a.m. ET today after analysts at JPMorgan Chase lowered their price target on the stock and maintained their sell rating.
Tesla’s Stock Still Isn’t Cheap
Shares of the electric-vehicle maker have rallied over the last couple of days, but the stock has been in a mostly downward spiral since hitting a record high in mid-December. Most of that damage has come since President Trump’s inauguration on Jan.
Tesla Stock Drops. The Trump Bump Didn’t Last Long.
Tesla stock fell in early trading Thursday after having clawed back some of its prior losses earlier in the week. Whatever happens to close out the week, investors should expect more wild trading in the coming months.
Why Tesla Stock Is Surging Today
Tesla stock is rising in conjunction with better-than-expected inflation data that was released today. The EV specialist's share price is also getting a lift from an event held by President Trump and Tesla CEO Elon Musk yesterday.
Tesla Stock Surges Tuesday After Major Sell-Off
Key Takeaways Tesla shares climbed Tuesday, after losing more than 15% of their value a day earlier.The stock is on pace to fall for an eighth consecutive week, overlapping with CEO Elon Musk's time working in the Trump administration.
Tesla’s Wild Ride: Is it a Crashing Stock or the Perfect Buy-the-Dip Opportunity?
Tesla (TSLA) took a brutal hit this past week, plunging 15% in a single day, one of its worst performances since going public ...
Tesla shares slide amid market sell-off on recession worries, tariff uncertainty
Tesla stock plunged more than 15% on Monday amid headwinds in the EV market as well as broader concerns about a possible ...
Trump just bought a Tesla, but many other owners are selling their Musk-made EVs. What’s going on?
Lindy Lowe had one of the rarest perks in the electric-vehicle world: free charging for life.
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Reports Suggest Tesla Is Sinking While the EV Market Grows, but There's a Twist
Tesla's reputation may have taken a hit due to politics, but it's also opened up a new customer base, experts say.
Tesla's latest decline could be one for the history books, JPMorgan analysts say
Tesla recently lost nearly 50% of its $1.5 trillion market. JPMorgan analysts don't know another car company that lost so ...
Stock market today: Tech rally leads Nasdaq, S&P 500 higher as Tesla, Nvidia surge after cool CPI print
Investors are digesting better-than-expected inflation data and bracing for the next move in Trump's escalating trade war.
Tesla's market cap drops by nearly half: Is Elon Musk’s EV party over?
The company's market capitalization has dropped since hitting an all-time high of $1.5 trillion in December, erasing most of ...
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The VIX is Spiking: Time to Buy Tesla Shares After Huge Sell-Off?
The CBOE Volatility Index (VIX) is among the key factors many investors are focusing on now, more than they have in years.
Elon Musk Loses Over $100 Billion amid Tesla Stock Market Woes
Elon Musk 's net worth has dropped by more than $144 billion since December, according to a report.
China Cools on Musk: ‘Two Cars for the Price of One Tesla’
Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important ...
Tesla battles through brand reputation issues, deliveries anxiety and sliding prices on the used car market
J.P. Morgan weighed in on Tesla (NASDAQ:TSLA) on Wednesday. The firm lowered estimates and cut its price target to $120 due ...