A Look at the Tesla Phenomenon From a Skeptical Analyst’s View

The week began for Tesla (TSLA) as most weeks have in 2020, by adding more muscle to the share price. The newly 5-1 split stock caught investors’ imagination who pounced on the “cheaper” shares and kept up the monumental rally in the week’s first session. Since Monday, however, the high flying stock has spent a rare couple of days in the red, nearing an 18% correction.With a new triple digit share price sitting alongside the TSLA ticker, RBC analyst Joseph Spak shared his thoughts on what is undoubtedly one of the stock market’s most controversial names.The analyst believes there are …read more

Source:: Yahoo Finance

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