Filed under: Earnings/Financials,Green,Tesla
Tesla's stock tumbled 17% on Wednesday, hitting the brakes on a dramatic rally as a senior executive said the coronavirus outbreak in China would delay deliveries of its Model 3 cars and analysts warned of its high valuation. With Tesla still up more than 25% since the company posted its second consecutive quarterly profit a week ago, Canaccord Genuity cut its rating on Tesla to "hold" from "buy," further shrinking the already small number of analysts who recommend buying the stock. T
Continue reading After Tesla stock's dizzying climb, an almost-as-dizzying fall
After Tesla stock's dizzying climb, an almost-as-dizzying fall originally appeared on Autoblog on Wed, 5 Feb 2020 18:47:00 EST. Please see our terms for use of feeds.
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