Fall

Feuding CEOs aside, JPMorgan's analysts are highly bearish on Tesla. They see the stock falling 77% over the next year

4 days ago   |   By Business Insider

Tesla boss Elon Musk has overseen a huge rise in the company's stock price. Frederic J. Brown/Getty Images
Disagreements between Tesla and JPMorgan have sprung out into the open over the last two weeks.
But feuding CEOs aside, JPMorgan's analysts have long been some of the most pessimistic voices on Tesla stock.
The Wall Street titan's research unit thinks Tesla shares should be 77% lower in 12 months' time and gives an "underweight" rating.
Disagreements between JPMorgan and Tesla have sprung out into the open over the last two weeks, with the bank suing the carmaker and the two...
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