TSLA Stock Attracts a Ton of Short Sellers
Tesla Motors Inc (NASDAQ:TSLA) has a long list of critics, including analyst John Murphy from Bank of America Corp. Murphy recently put a $155.00 price target on TSLA stock, which would be a 30% decline from where it's share prices sits today.
Murphy thinks Tesla stock is drastically overvalued when measured in raw numbers. For instance, the company raised $750 million in the third quarter of 2015. All of the cash was gone by year-end because TSLA stock is a cash-guzzler. (Source: ".
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Tesla Motors Inc (NASDAQ:TSLA) has a long list of critics, including analyst John Murphy from Bank of America Corp. Murphy recently put a $155.00 price target on TSLA stock, which would be a 30% decline from where it's share prices sits today.
Murphy thinks Tesla stock is drastically overvalued when measured in raw numbers. For instance, the company raised $750 million in the third quarter of 2015. All of the cash was gone by year-end because TSLA stock is a cash-guzzler. (Source: ".
Den vollständigen Artikel lesen ...