Moses, one of the prototype characters in the movie "The Big Short", called on investors to stay away from Tesla.
[Financial Channel/Comprehensive Report] Danny Moses, a famous Wall Street trader and one of the prototypes of the movie "Big Short Sale", said that Tesla stock is basically the personal brand of Musk (Elon Musk), and Musk is in The performance on Twitter is deteriorating Musk's brand, calling on investors to stay away from Tesla.
Moses gave the above statement in an interview with CNBC on Thursday (15th), and also revealed that he had shorted Tesla.
Moses also believes that Musk's attention to Tesla continues to be affected, and his eyes are mainly on Twitter.
Moses believes that Musk now runs 3 to 5 companies, 3 of which are very large companies, and it is obvious that he has to deal with a lot of things.
Please read on...
Moses said that Tesla is still a company with a market value of 500 billion U.S. dollars, and it is reasonable that the fundamentals cannot support this valuation. He believes that most of the stock price is related to Musk's brand.
Combined with economic pressures and a possible recession in 2023, Tesla shares could face more headwinds, Moses warned.
Tesla has been hit hard this year, with shares down 60 percent from January amid lackluster earnings and mounting criticism of Musk.
Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel
Already added friends, thank you
Welcome to 【Free Finance】
Already liked it, thank you.