‘There is no floor on this stock,’ portfolio manager says

‘There is no floor on this stock,’ portfolio manager says

Veteran tech watcher Paul Meeks says the bears may have more meat to rip apart from the carcass that is Tesla’s stock price.

“Unfortunately, if you’re a chartist, a technical analyst, there is no floor on this stock,” Meeks, a portfolio manager at Independent Wealth Solutions, said on Yahoo Finance Live (video above). “Does it go all the way back down to $29? I actually, over the next couple of years, wouldn’t be surprised.”

Tesla shares last traded under $30 a share back in Jan. 2020, per…


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