Tesla: The Party Is Coming To An End
Summary
- Tesla, Inc.’s business is expected to underperform for the second year in a row.
- Elon Musk’s involvement in politics likely damaged Tesla’s brand as well.
- Considering that TSLA stock is also overvalued, we decided to continue to rate its stock as a Sell.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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