Friday, February 13, 2015

TSLA Stock Rocked After Earnings Miss: Sell Tesla Now!

Tesla Motors Inc (NASDAQ:TSLA) is getting walloped on Thursday after miserable fourth-quarter results sent investors scrambling for the sidelines.

Even before Tesla’s earnings miss yesterday, shares of the electric vehicle company had cooled off. The TSLA stock price more than quadrupled in 2013 and soared another 47% in 2014, but several recent high-profile concerns brought the stock back down to earth.

Since hitting all-time highs near $300 per share in September, TSLA stock has cratered more than 20%, underperforming the S&P 500 (INDEXSP:.INX) by nearly 25 percentage points. (more)

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