Wonder how low Tesla can go with Wall Street trying to bring all stocks down by 50 - 75 percent.
Wonder if $150 - $200 is out of the question? A price of $150 would put the PE at about 18, which would make it a decent buy.
I have been in a few stocks recently that are all being taken down. Big money and banks doing it, along with margin calls, etc. Bet we see at least a low of $300 in the next few weeks.
Good company, but the downdraft of shorts will bring this over-priced stock down.
$Tesla Motors(TSLA)$
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