Elon Musk Loads Up Tesla Stock But Carmaker’s Worst Enemy is Tesla Itself: Morgan Stanley
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By CCN: Tesla stock has been down in the dumps so far this year. Billionaire Elon Musk’s company has eroded investors’ wealth to the tune of almost 28% in 2019, as operational challenges have taken precedence over the CEO’s mind-numbing claims about how Tesla stock could rise to $2,900 in the future. But don’t be surprised to see Tesla stock making investors more miserable as Morgan Stanley analyst Adam Jonas’ recent note indicates that demand for its cars could be on the wane. A new headache for Elon Musk Jonas, a well-followed Tesla analyst, recently said in a research note
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