HomeBusinessFinance Sector Stock NewsTesla (TSLA) Could Undergo “Potentially Painful Transition in Ownership Base”

Tesla (TSLA) Could Undergo “Potentially Painful Transition in Ownership Base”

Deutsche Bank downgrades Tesla (TSLA) to hold from buy. The analyst notes that pushing out the Model 2 will create “significant” earnings and free cash flow pressure. The analyst also worries that the stock will undergo a “potentially painful transition in ownership base.” Renita Young weighs in on this story. Tune in to find out more about the stock market today.

Morning Trade Live

18 Apr 2024

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