June 6, 2023

JPMorgan: Tesla shares will plunge more than 40 percent

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From Newsweek JPMorgan Chase & Co. reportedly has warned savvy investors that Tesla shares will tumble more than 40 percent before the end of the year. JPMorgan reaffirmed its underweight rating on Tesla shares, saying other automakers may price their electric cars aggressively, CNBC reported. The bank’s analyst is cautious over the company’s second-quarter financial numbers such as […]