Tesla to Lose Half Its Value by Next Year, According to Bank of America
Bank of America (BofA) expects Tesla’s shares to plummet nearly 50 percent because of the electric vehicle maker’s decision to acquire beleaguered solar panel provider SolarCity in November.
Tesla shares will fall within the next year to $165, a 46 percent drop from where the stock closed...[Read more ...]
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Category: Politics
Tags: Bank of America, Barack Obama, BofA, David Tamberrino, Elon Musk, Ford, General Motors, Goldman Sachs, SCTY, SolarCity, Tesla, TSLA
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