The Week That Finally Burst The Tesla Stock Bubble
Anyone who ever bought into Elon Musk's BS should have his head examined.
The 10% drop in Tesla's stock this week leaves it down about 43% for the year, wiping out about $23 billion in shareholder value. The company's 2025 bonds also continued to get crushed, closing the week trading at about 81 cents on the dollar and sporting a nearly 9.3% yield. https://www.zerohedg...la-stock-bubble