Wednesday, May 1, 2019

Elon Musk’s Shenanigans Can’t Save Tesla’s Flagging Stock Price

By CCN: There’s no sign of Tesla’s misfortune ending anytime soon. Billionaire Elon Musk was too busy humoring the internet even as his company ran into yet another concrete barrier. Tesla’s stock is languishing close to its 52-week low after the company’s horrible earnings that missed Wall Street’s expectations by a mile. Musk’s maneuvering fails to work Elon Musk tried to lift investor sentiment before releasing earnings. He held Tesla’s investor day a couple of days before releasing results, where tall claims were made about the company’s self-driving future. However, that did not save Tesla’s stock from being decimated after

The post Elon Musk’s Shenanigans Can’t Save Tesla’s Flagging Stock Price appeared first on CCN



source https://www.ccn.com/elon-musks-shenanigans-teslas-stock-price

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