MagnarTheGreat
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Tesla Is Getting Absolutely Destroyed Right Now
Tesla shares are down almost 32 percent since January, hitting a ten-month low — and analysts are pessimistic about the rest of the year.
Tesla is having a horrible year. The Elon Musk-led company's future is uncertain as ever, CNN reports. As we approach the end of Q1, Tesla has remained the worst-performing stock on the S&P 500 for over a month now. The company is down almost 32 percent since January, hitting a ten-month low — and the forecast for the rest of the year isn't looking much better. According to a scathing new report by Wells Fargo analyst Colin Langan, Tesla is a "growth company with no growth."
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