On June 6, Tesla's plunge last night sparked numerous criticism from Wall Street analysts about the stock and Musk. Among them, Adam Sarhan, CEO of 50 Park Investments, said: "It's clear that Musk and Trump are no longer aligned. We don't know what the consequences will be, and that's why people are selling. There will be no definitive solution to this state of affairs. If the situation escalates, it will be Trump who will win in the end, and the impact on Tesla's stock price is not yet known. I think it does have the potential to hurt Tesla's bottom line. Investing in Tesla now is pure gambling. Even with the stock price falling, Tesla's valuation is still on the high side." Wayne Kaufman, Chief Market Analyst at Phoenix Financial Services, commented, "What's particularly difficult for Tesla is that you can't separate the value of the company from him [Musk]. Tesla's value is inextricably linked to Musk's. When he was seen as a visionary, the stock price soared; When he became involved in the controversy, the stock price collapsed. Now that Musk has become the problem itself, it is not surprising that the stock price has plummeted."
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Wall Street analysts: If the "Meta" dispute escalates further, the ultimate winner will be Trump.
On June 6, Tesla's plunge last night sparked numerous criticism from Wall Street analysts about the stock and Musk. Among them, Adam Sarhan, CEO of 50 Park Investments, said: "It's clear that Musk and Trump are no longer aligned. We don't know what the consequences will be, and that's why people are selling. There will be no definitive solution to this state of affairs. If the situation escalates, it will be Trump who will win in the end, and the impact on Tesla's stock price is not yet known. I think it does have the potential to hurt Tesla's bottom line. Investing in Tesla now is pure gambling. Even with the stock price falling, Tesla's valuation is still on the high side." Wayne Kaufman, Chief Market Analyst at Phoenix Financial Services, commented, "What's particularly difficult for Tesla is that you can't separate the value of the company from him [Musk]. Tesla's value is inextricably linked to Musk's. When he was seen as a visionary, the stock price soared; When he became involved in the controversy, the stock price collapsed. Now that Musk has become the problem itself, it is not surprising that the stock price has plummeted."