Tuesday, May 28, 2019

Nutty Professor Says Tesla’s Stock to Be Sub-$100 amid Likely Acquisition

By CCN: NYU Professor Scott Galloway presciently predicted Amazon’s acquisition of Whole Foods in 2017. He’s back., and now the professor reportedly believes that Tesla is in the crosshairs of being acquired as investor frustration mounts, saying in a recent podcast: “My prediction is within 12 months Tesla is sub $100 per share and it probably gets acquired because there’s real value there.” Professor Galloway reportedly also wonders if tech giants would want to take part in such a razor-thin business model:  “The guys that could acquire it that have the balance sheet are the tech companies, but they don’t want

The post Nutty Professor Says Tesla’s Stock to Be Sub-$100 amid Likely Acquisition appeared first on CCN



source https://www.ccn.com/nutty-professor-says-teslas-stock-to-be-sub-100-amid-likely-acquisition

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