Why the skid in Tesla’s stock price may be far from over


Source: theglobeandmail.com theglobeandmail.com

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What is your opinion of Tesla Inc. TSLA-Q now that the stock seems to have bottomed out? Is this a good time to take a flyer or would you stay on the sidelines? I wouldn’t take a “flyer” on any stock, let alone one as volatile as Tesla. That’s gambling, not investing. Even though Tesla’s shares have dropped by more than half from their record high of more than US$400 in 2021, the risks facing the company are only growing. Here are five reasons I would stay far away. Sales and profits are falling Tesla is being squeezed on multiple...