‘The elephant in the room for Tesla,’ according to WedBush’s Dan Ives

‘The elephant in the room for Tesla,’ according to WedBush’s Dan Ives

Some storm clouds are appearing on the horizon for Tesla bulls after a respectable second quarter.

“The elephant in the room for Tesla (and the broader market) is with dark economic storm clouds on the horizon and Musk himself thinking recession risk is imminent, what does this mean for Tesla’s demand story going forward?” Wedbush Wedbush Senior Equity Research Analyst Dan Ives stated in a new note to clients. “In a nutshell, while June delivery numbers were ugly and nothing to write home…


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