Business

Tesla stock could recover in 3 months. Here’s what it takes.


Elon Musk say

Tesla

one day may be worth more

Apple

and Saudi Aramco, combined. First, it needs to pass over the next few months.

Before Tesla (code: TSLA) report third-quarter earnings last week, investors had hoped they would assuage concerns that have grown since the company’s release. second quarter number three months ago. They didn’t do that. Despite earnings above expectations, third-quarter deliveries, sales and profit margins all fell short of Street forecasts. Tesla shares fell 6.7% post-release, sending them down 22% since late September, their second-worst quarter since the first few weeks of 2016.

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