Analyst Explains Why He Downgraded Tesla (TSLA) to Sell Ahead of Upcoming Earnings

We recently published 10 Stocks to Watch as Investors Scramble to Pour Money into AI Trade. Tesla Inc (NASDAQ:TSLA) is one of the stocks that caught analysts' attention. Garrett Nelson from CFRA recently said in a latest program on Schwab Network that he downgraded Tesla Inc (NASDAQ:TSLA) stock to Sell due to Wall Street’s earnings expectations from the company and stock valuation: “It’s a mix of expectations being too high and then valuation. The stock is now trading well north of 200 times our EPS esti ...