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Posted On: 05/21/2019 8:02:12 PM
Post# of 63743
Tesla shares could drop to $10 in a worst-case scenario, Morgan Stanley says
Key Points:
Morgan Stanley has cut its worst-case forecast on Tesla stock from $97 to just $10, citing concerns about the company’s debt load and geopolitical exposure.
Tesla shares are down 38% year-to-date.
Financial services firm Baird also cut its Tesla estimates Tuesday, lowering the company’s stock to $340 from $400.
https://www.cnbc.com/2019/05/21/morgan-stanle...nario.html
Chart>>>>>
https://stockcharts.com/h-sc/ui?s=TLSA&p=...6380753363
Key Points:
Morgan Stanley has cut its worst-case forecast on Tesla stock from $97 to just $10, citing concerns about the company’s debt load and geopolitical exposure.
Tesla shares are down 38% year-to-date.
Financial services firm Baird also cut its Tesla estimates Tuesday, lowering the company’s stock to $340 from $400.
https://www.cnbc.com/2019/05/21/morgan-stanle...nario.html
Chart>>>>>
https://stockcharts.com/h-sc/ui?s=TLSA&p=...6380753363
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