‘Code Red’ for Tesla: 80% Drop Forecasted as Stock Sinks to $192, a 30-Month Low

By CCN: Within one month, the share price of the Tesla stock has dropped by a staggering 27 percent as it plunged below the $200 level for the first time since 2016. The intensifying downtrend of the Tesla stock is said to have been triggered by a barrage of negative factors including CEO Elon Musk’s admittance of a cash flow issue at the company and the decline in the exports of its flagship models further fueled by the ongoing U.S.-China trade war. Can Tesla Survive “Code Red” Situation? Last week, Daniel Ives at Wedbush suggested Tesla, Musk & Co. are

The post ‘Code Red’ for Tesla: 80% Drop Forecasted as Stock Sinks to $192, a 30-Month Low appeared first on CCN

source https://www.ccn.com/code-red-tesla-80-drop-forecasted-stock-falls-192

READ MORE http://bit.ly/2X8PadD

from Cryptocurrency News http://bit.ly/2M4BTle
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. http://bit.ly/2G2HXWf Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!