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Tesla Stock Trying to Find a Bottom. Even the bears think it has fallen enough.
Tesla
investors have suffered a brutally prolonged thanks, well, everything. Stocks may be close to bottoming out. Even
Tesla
bears are receiving more optimistic.
In a research note on Tuesday, analyst Bernstein Toni Sacconaghi so-called risk/reward equation in Tesla stock (ticker: TSLA) is more balanced at current levels. All analysts and investors, explicitly or implicitly, calculate the risk-reward in their heads to determine if something is a good investment or to figure out how much capital to invest. investment should be allocated to an idea.