The formula has been painful for Tesla (TSLA -1.11%) shareholders: Three fires plus one federal investigation has equaled a 40% drop in the stock price. In this segment of "Motor Money", analysts John Rosevear and Rex Moore take a closer look at the company's recent struggles, and at how General Motors' (GM 0.48%) infamous Chevy Volt fire played into investor psychology. The team also discusses CEO Elon Musk's proposed solutions.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
A Deeper Dive Into Tesla's Troubles
By John Rosevear and Rex Moore
–
Nov 22, 2013 at 12:15PM
NASDAQ: TSLA
Tesla
Market Cap
$537B
Today's Change
(-1.11%) -$1.89
Current Price
$168.29
Price as of April 26, 2024, 4:00 p.m. ET
The media coverage of recent Tesla Model S fires may be overblown, but the market doesn’t care.
Fool contributor John Rosevear owns shares of General Motors. Rex Moore has no position in any stocks mentioned. The Motley Fool recommends General Motors and Tesla Motors. The Motley Fool owns shares of Tesla Motors. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.