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-0.00274817295715722 -0.00295686853674137 -0.0110608657179598 -0.0162786030335295 0.00382573779974334 0.00925182286893115 0.0261213822186495 0.0497039827116581
Stock impact report

Tesla falls below $300, down another 5% in premarket trading after last week's slide [CNBC]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: CNBC
Tesla's stock price fell below $300 per share during premarket trading Monday as investors in the electric automaker continued to doubt the validity of a privatization proposal by its founder Elon Musk. Shares of the Palo Alto, California-based company fell as much as 4 percent before the opening bell, set to add to last week's 14 percent slide. J.P. Morgan slashed its projections for the carmaker Monday morning, telling clients that while it originally took chief executive Elon Musk's proposal to take the company private seriously, the funding to do so appears to not have been secured. The firm pared its December 2018 price target for Tesla shares back to $195 from $308, representing 36 percent downside to Friday's close. But while the bearish J.P. Morgan note may have weighed on the stock Monday, investors have had plenty of reasons to question the CEO over the past few weeks. Musk admitted last Thursday in an emotional interview with The New York Time Show less Read more
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