Tesla has tanked 34% this year. Some investors doubt a recovery

[Pelican Press 0]

Tesla has tanked 34% this year. Some investors doubt a recovery

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as a book ***** company,” the investor said. “You’re just not seeing the full picture here.” But even those bullish on the stock’s long-term potential expect a rough patch ahead. “There are definitely concerns in the marketplace around demand” for Tesla vehicles, said Robert W. Baird senior research analyst Ben Kallo. “Some investors are willing to look out [farther] … but there are still the near-term worries. We’re in for a choppy quarter or two more.” Tesla is due to report first-quarter financial results in less than three weeks, on April 23.

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Technology,Breaking News: Technology,Tesla Inc,Alphabet Inc,Stock markets,Investment strategy,******* States,Cathie Wood,China,Ford Motor Co,business news
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