73棋牌

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UBS recommends selling Tesla, says stock is 'over-shooting right now'

Tesla boss Elon Musk (L) walks with Shanghai Mayor Ying Yong during the ground-breaking ceremony for a Tesla factory in Shanghai on January 7, 2019. - Musk presided over the ground-breaking for a Shanghai factory that will allow the electric-car manufacturer to dodge the China-US tariff crossfire and sell directly to the world's biggest market for 'green' vehicles.
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UBS thinks Tesla's73棋牌 stock rally is too far out in front of its earnings, and therefore valuation as well, calling on Thursday for the electric automaker's shares to drop 28% in the year ahead.

73棋牌Tesla shares initially slipped in trading but later reversed to close up 0.5% at $572.20.

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