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 Stock Falls 15% in Worst Day Since 2020
Tesla stock erased its post-election gains, with shares notching their worst day since the fall of 2020. Disappointing sales data and concerns over Chief Executive Elon Musk’s role in the Trump administration have sent Tesla shares sliding this year.
Tesla Stock Surges Tuesday After Major Sell-Off
The Elon Musk -led electric vehicle company’s stock was up nearly 5% to $232.70 intraday, making back a small fraction of what it’s lost amid an extended sell-off since President Trump took office. The stock is on pace to fall for the eighth consecutive week, even after the uptick on Tuesday.
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.
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.
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’s stock may be bouncing, but this analyst explains why you should keep selling
One reason Tesla investors should sell into the stock’s recent bounce is because of all the “political noise” surrounding ...
Tesla Stock Plummets 50% Since December. Here’s How Investors Can Manage The Volatility
Multiple factors have converged to drive down the price of Tesla stock by 50% since December. Here's how investors can manage ...
Seth Meyers Jokes Elon Musk ‘Can Only Afford to Wear the One Outfit’ Because of Tesla Stock Crash | Video
Seth Meyers jokes that Elon Musk wears a similar outfit over and over simply because that's all he can afford now ...
Tesla Stock Jumps 4% as Musk Vows to Double U.S. Production with Trump Backing
Tesla (TSLA) stock bounced back on Tuesday, rising 3.8% to close at $230.58. This jump came after CEO Elon Musk promised to ...
Tesla's Stock Is Still No Bargain: Heard on the Street
Tesla is worth around half of what it was three months ago, but it is still no bargain. As of Wednesday’s close, Tesla’s stock was trading at 89 times this year’s projected earnings. That's more than ...
Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?
Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk's ...
Why Tesla stock tumbled 28% in February
Tesla stock soared after the election as investors seemed to believe that Musk's close relationship with Donald Trump would ...
Musk Melts Down as Tesla Stock Price Plunges
Tesla backlash continues as the stock nosedives and Musk pushes conspiracy theories about protests and arsons at dealerships.
Tesla Stock: Buying Opportunity Emerges (Technical Analysis, Rating Upgrade)
Discover why Tesla, Inc.'s stock may be primed for a rebound! Explore bullish patterns, key support levels, and a strong buy ...