Tesla Inc (TSLA)

[jour_trader]

Any downturn in share price would technically get closer to the book value. That’s true for any company trading at a multiple that isn’t on the verge of imminent bankruptcy. Tesla is both flush with cash, massive pipeline and stock price to tap into the market, if ever needed.

I’d say scare tactics don’t work with trash like this, but we wouldn’t see it otherwise. So sad.