The Big Red Flag for Tesla Stock

By Neil Rozenbaum – Sep 26, 2022 at 10:00AM

NASDAQ: TSLA

Tesla

Market Cap

$543B

Today's Change

(-0.78%) -$1.33

Current Price

$168.85

Price as of April 26, 2024, 10:08 a.m. ET

The stock is under pressure but the company, not so much.

In this video, I will be talking about the red flag that is waving above Tesla (TSLA -0.78%) right now. Twitter is set to depose Elon Musk on Monday, Sept. 26, and it could last three days. Some Tesla bulls hope that a settlement might be reached instead of going to trial on Oct. 17. Whatever happens, expect the stock to be volatile.

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*Stock prices used were the closing prices of Sept. 23, 2022. The video was published on Sept. 26, 2022.

Neil Rozenbaum has positions in Tesla. The Motley Fool has positions in and recommends Tesla and Twitter. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.