Tesla (TSLA) has been one of the hottest stocks of 2020, with share prices skyrocketing 582% just this year. But at least one analyst says the electric vehicle company’s price is too high, contending it should be worth between $60 to $80 rather than more than $600 a share.
Gordon Johnson, founder and CEO of GLJ Research, told Yahoo Finance Live on Monday that Tesla’s lofty valuation will soon come crashing down, with a number of factors weighing on the company’s stock price.
Those…
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