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Bullboard - Stock Discussion Forum Tesla Inc TSLA

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric... see more

NDAQ:TSLA - Post Discussion

Tesla Inc > Per Lekander - Tesla could "Go Bust"
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Post by Bertanderson on Apr 04, 2024 8:30pm

Per Lekander - Tesla could "Go Bust"

  • Tesla could “go bust” while its stock could fall to $14, Per Lekander, a hedge fund manager who has been shorting Elon Musk’s electric car maker since 2020, told CNBC on Wednesday.
  • His comments come after Tesla reported 386,810 vehicle deliveries in the first quarter of the year, significantly below even the lowest market estimates.
  • Lekander joins a growing chorus of negative voices on Tesla which is facing a price war, intense competition from Chinese players and weakening demand for its electric cars.
I'm finding it difficult to not believe his assessment of Tesla. The competition is moving in fast, governments are slow to make EVs a priority with the necessary instrasture which gives the competition time to catch-up. 
Comment by greendaze on Apr 05, 2024 12:34pm
I'd like to thank you for disseminating that FUD piece . If it had anything to do with the lowing of the share price . I only missed the bottom by three cents and bought a huge ( for little old me ) amount to hold . So a huge thank you , I've been waiting with great enthusiasm.and savings . 
Comment by greendaze on Apr 05, 2024 12:36pm
I gave you the thumbs up to encourage you to post more FUD .