Tesla Motors Inc (NASDAQ:TSLA) is one of the most exciting companies out there at the moment, but stock in the company is likely headed for a downturn in the next few months. Stock in the firm fell almost 2% to $166.74 per share on Friday after a blog post from an NYU finance professor shook the market. Aswath Damodaran posted his valuation of Tesla Motors Inc (NASDAQ:TSLA) and come up with a pretty low number, $67.12 per share. If the shares fell to that level they would have lost close to two thirds of their value. The future of Tesla…
Tesla Motors Inc (TSLA) Investors Are Heading For Shock
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.