Top headlines trending today on Tesla Stock Read ‘Will Tesla Stock Plunge To $125 A Share?- Yahoo Finance”, “Tesla Slices Prices On Models S and X, Stock Plummets - Yahoo Finance” “Tesla Stock Could Go Lower Than $10 Dollars One Day, Says Accipiter’s… - CNBC”
An article published yesterday May 22, 2019 by Lawrence Meyers on CCN.com states,
“Tesla’s stock is getting hammered today because of the company’s announcement that it is cutting prices on older model S and X vehicles. Merrill Lynch put out a note expressing concern that sales on those models have peaked and are losing market share to its own Model 3.”
Other recent news that could be a cause-for-concern are the auto-pilot crashes that seem to happen every so often. The Tesla Auto Pilot Crash is repeating itself, where the cars are slamming into semi-trucks.
There are plenty of die-hard Tesla fans out there, but with the stock continuing to plummet, Tesla’s future is starting to look pretty bleak.