By CCN Markets: Tesla’s stock is making a fast and furious comeback in June. That’s good news for shareholders after TSLA spent the first half of 2019 suffering crippling losses. Now the famed electric automaker’s stock is on the rebound. The stock is up 22% for the month. Does Wall Street Have Tesla’s Stock All Wrong? Tesla’s massive losses have led investors to fear an impending cash crunch. The company had to widen its junk bond spread to record levels this spring. With fears mounting over Tesla’s distressed credit history and the looming threat of a trade war with China,
The post Tesla’s Stock Has Surged 22% on This $2 Trillion Market Opportunity appeared first on CCN Markets
source https://www.ccn.com/opinion/teslas-stock-surges-22-on-this-2-trillion-market-opportunity/2019/06/19/
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