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Elon Musk Just Told Tesla Investors to Sell Their Shares. Here's Why He Might Be Right.


Earnings season is back in full bloom, and per usual, big tech is providing investors with no shortage of reasons to pay attention.

Electric vehicle (EV) pioneer (NASDAQ: TSLA) got the party started by kicking off earnings season in late July. In a shock to probably no one, Tesla CEO Elon Musk shared his brutally honest thoughts about the company's future.

Let's take a look at some of Musk's polarizing remarks during the earnings call, and assess why he might be right and what it means for Tesla investors in the long run.

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Source Fool.com

Tesla Inc Stock

€183.04
-3.800%
Tesla Inc took a tumble today and lost -€7.240 (-3.800%).
Our community is currently high on Tesla Inc with 71 Buy predictions and 27 Sell predictions.
With a target price of 245 € there is a positive potential of 33.85% for Tesla Inc compared to the current price of 183.04 €.
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