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Enough Musk Spam@lemmy.worldEnglish · 9 months ago

Elon Musk’s Tesla is now a ‘growth company with no growth,’ Wells Fargo writes in scathing downgrade

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Elon Musk’s Tesla is now a ‘growth company with no growth,’ Wells Fargo writes in scathing downgrade

Hypx@lemmy.world to

Enough Musk Spam@lemmy.worldEnglish · 9 months ago

Wells Fargo analyst Colin Langan highlighted that sales volumes rose only 3% in the second half of 2023, while prices fell 5%.

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9 months ago
A car company with a tech startup multiple was always going to lead to tears.

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