Tesla Stock Slump Seen Continuing As Lack of Car Deliveries Weigh: Analysts – ValueWalk Premium
Tesla

Tesla Stock Slump Seen Continuing As Lack of Car Deliveries Weigh: Analysts

Despite the unveiling of a highly anticipated electric SUV in the Model X, Tesla Motors Inc continues to slump.  Over the last month, shares of Tesla have declined almost -12% as analysts turn more bearish on the stock.  Analysts are concerned about the fact that Tesla’s Model X was more expensive than customers were initially told, which led to a wave of cancellations for the new Model X.  Shares of Tesla currently trade at $220.69 and have moved into negative territory for the year, down -0 . . .

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