Posted 4/3/2024, 4:06:16 PM
Tesla troubles: Hedge fund manager predicts 91% stock drop, calls company a bubble after weak earnings and delivery numbers
- Hedge fund manager predicts Tesla stock could go bust, calls company a "bubble"
- Tesla posted disappointing Q1 earnings with 20% drop in deliveries
- Analyst expects Tesla stock to fall to $14, a 91% decrease
- Attributes Tesla's issues to demand problems and lack of new, cheaper models
- Other analysts also voicing concerns over Tesla's performance and outlook
