Editor
Shares in electric vehicle maker Tesla dropped by almost 9% on Thursday as analysts grow increasingly uncertain of the company’s outlook. The stock is down nearly 70% year-to-date.
After the bell Wednesday, Canaccord Genuity trimmed its price target for the automaker from $304 to $275, citing “cosmically bad” public sentiment and a “distraught” shareholder base. “Elon Musk is doing Elon Musk things,” Canaccord’s George Gianarikas wrote….
