Thursday, April 25, 2019

Wall Street Bashes Elon Musk’s ‘Twilight Zone Act’ in Tesla’s Meltdown

By CCN: Everyone is running out of patience with Elon Musk and his antics as the CEO of Tesla. Following the company’s spectacularly disappointing earnings report, Goldman Sachs and Wedbush downgraded Tesla’s stock on Thursday. The downgrades weren’t a surprise given the dismal numbers Tesla reported. However, the scathing lashing given out by the Wedbush analyst did take some aback. The Research Note That Could Make History Clearly frustrated with Musk, Wedbush analyst Daniel Ives’ note to investors was part venting, mostly true, and should be a scream to Musk to get it together. “In our 20 years of covering

The post Wall Street Bashes Elon Musk’s ‘Twilight Zone Act’ in Tesla’s Meltdown appeared first on CCN



source https://www.ccn.com/wall-street-elon-musk-tesla-meltdown

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