Nelson: Seeing "Same Red Flags" in TSLA, Signals Pending Pullback
Joining us now very pleased to say is Garrett Nelson, vice president and senior equity analyst, CFRA research, who actually downgraded Tesla to sell last week with a $300 price target. Uh Garrett, let's just get over to you and I'm just wondering exactly what was behind that call. >> Yeah, thanks for having me.In our view, earnings expectations are too high surrounding the name. Um and so it's a mix of expectations being too high and then valuation. uh the stock is now trading well north of 200 times our EP ...